FROM THE GLOBAL TO THE LOCAL
All else equal, the weighted average cost of capital
April 11, 2017Technology and Change: It is believed the Internet, telehealth,
April 11, 2017From Tariffs to Free Trade to Re-Regulation
- The high cost of free trade
- What can we do to ensure good jobs for all?
- Producing raw materials for export? Or…Building a higher value, more diversified economy with advanced manufacturing and knowledge-intensive tradable services
Read: Jackson, A and Thomas, M. “Globalization and Work in Canada”, Ch 11 of Jackson, A. & Thomas, M. (2016). Work and Labour in Canada (3rd ed.). Toronto: Canadian Scholars.
Broadbent, E. “Opportunities in a post-NAFTA world”, Toronto Star, Oct 20, 2017.
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ANSWER ONE OF THESE QUESTIONS
1. Whether you call it globalization or simply capitalism, describe how these economic and political trends have impacted the world over the past two centuries.
2. Summarize the economic theory behind free trade, and unpack the assumptions behind the theory to show where it fails to explain reality.
3. How have the transnational corporations responded to increasing economic competition?
4. Describe the impact of globalization, free trade and economic integration on working people and their unions, and on income inequality and social programs.
5. Summarize the history of North American economic integration. Try if you can to assess the recent USMCA agreement.
