Predict the impact of globalization on the real wages

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Reference no: EM131548087

DISCUSSION: "Time for Reflection"

Please respond to the following:

• Some say globalization allows regions of the planet to consume far more than they could normally consume. In Week 1, you used the Global Closet Calculator to aggregate the contents of your closet. Considering the results, and all that you have learned from the readings, determine whether or not you would be trading internationally if you could get everything at home. Provide a rationale for your response.

• The globalization debate raises several key issues about future work force trends and public administration responses. Looking forward to the year 2025, predict the impact of globalization on the real wages and incomes of workers as a whole. Next, speculate on the extent to which globalization will limit the ability of governments to take significant policy actions on the behalf of the disadvantaged work force.

Reference no: EM131548087

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