1. Globalization and Development
Most liberals are enthusiastic about the economics of the free market. In the international realm, such thinking is most obvious in liberal views concerning free trade (though many liberals would take a slightly more ambiguous view than the neoliberal one set out here). ... Allowing free trade sends price signals that encourage people to work at what they are best at, a strategy that benefits everyone over the long term. ... When workers in Europe or the US ask for higher wages employers can easily threaten to move production somewhere cheaper, arguing that growing competition produced by fre...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate