Tommy bilfiger
New member
Sion;6904004 said:Tommy bilfiger;6903683 said:@kai @Parallel @sion
Do you think international trade and globalization is irreversible? Could you explain why or why not in 250 words?
Yes.
Simply put, most large scale countries like the U.S. & EU can't find the growth it needs internally anymore. Some countries have an abundance of or certain resources other countries need. Globalization & trade is the reason why America will continue to be the number superpower for many more generations (though China could surpass them by 2050). You can however make a counter argument in the event of economic downturns where some countries may "downsize" and impose certain sanctions (remember 'Buy American' ?). However, even then you can't reverse it entirely, as your population grows and industries expand it'll be more profitable to go global.
Good lookin out kid
