Is the company overall successful in competing globally?

timer Asked: Apr 24th, 2018

Question Description

In business, we are always looking for new customers. So when you consider that 95 percent of the world’s potential customers live outside the United States, it’s hard to imagine that anyone would not embrace today’s global economy.

But globalization and free trade often face strong opposition. Many see the global economy as a threat that takes jobs away from Americans. In 2007, Newsweek writer Robert J. Samuelson captured the sentiment well. “It’s our versatile villain. We blame it for all manner of grievances: lost jobs, greater inequality, shoddy goods.”

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