Issues in Global Business is a single-volume reference that offers relevant perspectives and explains impacts of current events such as COVID-19, Brexit, and immigration across industries and regions. Topics covered include the on-demand economy, global manufacturing, Bitcoin, data security, and more. Coupled with a comprehensive overview of the business landscape around the world by Dr. Mamoun Benmamoun, an assistant professor at the Boeing Institute of International Business at Saint Louis University, this book provides students with the essential information they need to assess business practices through an international lens.
Chapter 9: Free Trade: Is its age of expansion at an end?
Free Trade: Is its age of expansion at an end?
From SAGE Business Researcher, March 13, 2017
Is the era of trade liberalization that began in 1945 over? The collapse of world trade talks in 2008, Great Britain’s shocking vote last year to leave the European Union and the election of President Trump on an anti-globalization platform suggest that it might be. The gains from trade for both advanced and emerging economies are hotly debated. While economic globalization lifted hundreds of millions from poverty, developing countries have balked at further trade talks dominated by rich nations. Workers in industrialized countries have begun to doubt that free trade is a ...