Globalization has led to more international treaties/creation of Euro/interdependent world economy. We no longer talk about US or Japanese or European recession, it is “global recession”. We are all in it together. Please watch the following video:
-Should we continue on the path of globalization regardless of its shortcomings and creation of wealth disparities between rich and poor. -Should we go back to protectionism? -Should we buy American made products only to protect our economy? -Are there any real and fair solutions to all this?
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