Finance 370 T,Th:1:00-2:15 Dr. Greco Yoshinobu Hasegawa

The Debate Caused by Outsourcing

Globalization refers to the trend toward countries joining together economically, through education, society and politics, and viewing themselves not only through their national identity but also as part of the world as a whole. Globalization is said to bring people of all nations closer together, especially through a common medium like the economy.

Over the last century, protectionism has plagued nearly every period of economic hardship.  When looking to the past, countries that impose protectionist policies ultimately end up hurting their own economies and impede their recovery.

History: Containerization