Video Discussion: Textile Manufacturing in America, post-globalisation

Discussion questions:

#1. What makes globalization and trade controversial and debatable? Please use 1-2 examples from the video to illustrate your point.

#2. Are classic trade theories (e.g., comparative advantage) still relevant or outdated in the 21st century? Why? Please share your thoughts based on the video and the figures.

#3. Based on the video and the figures above, is the US textile manufacturing sector a winner or loser of globalization and international trade? Why?

#4. Related to question #3, does the future prosperity of the US textile manufacturing sector need globalization or de-globalization? What’s your vision?

#5. Take the following poll (anonymous) and share your reflections.

#6. Should the government’s trade policy consider non-economic factors such as national security and geopolitics? What should be the line between promoting “fair trade” and “trade protectionism”? What’s your view?

#7. Is there anything else you find interesting/intriguing/thought-provoking in the video? Why?

(Welcome to our online discussion. For students in FASH455, please address at least two questions and mention the question number (#) in your reply)

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