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Globalization of trade-integration of world economy

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Why is there opposition to globalization of trade and integration of the world's economy? Is there a way the debate can move beyond a simplistic argument for or against globalization and toward how best to strengthen the working of the global economy in order to enhance the welfare of the world and its inhabitants? What might this require?

Do international institutions such as the United Nation promote harmony, or do they violate the sovereignty and thereby reduce the power of nation-states? Defend your reasoning.

Would a world without international institutions be a good or better world? Why or why not?

It seems that free, unrestricted international trade, in which each nation produces and exports products for which it has a comparative advantage, will enable everyone to have a higher level of living. Why, then, does every country have import restrictions?

Reference no: EM133170394

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