Debate on Brexit and Globalization: Questions from FASH455

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#1 Why should or should not globalization be responsible for Brexit? Does Brexit suggest that globalization is in retreat? What is your view?

#2 From the case of Brexit, how do you understand that “textile and apparel is a global sector”?

#3 Is the UK fashion industry a winner or loser of Brexit? What is your evaluation?

#4 How will Brexit shape the future of the fashion industry both in the UK and globally? What can be expected and what are the uncertainties?

#5 Seeing all of the complications that resulted from Brexit in regards to trade and the fashion industry as a whole, why or why not will similar disruptions occur if the US pulls out of its free trade agreements?

Welcome to join our online discussions. In your comment, please mention the question #.

Is the US Trade Deficit a Problem?

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Do you think the U.S. trade deficit is a problem or not? Please feel free to share your thoughts based on our lectures, the video above as well as a recent op-ed written by Peter Navarro (Director of the White House National Trade Council) for the Wall Street Journal. 

 

International Trade, Globalization and the U.S. Economy: Discussion Questions Proposed by FASH455 Students

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The following questions are from students in FASH455 (Spring 2017). Please feel free to leave your comments and engage in our online discussion. Please mention the question # in your comment.

#1 Based on the readings, how do you see the relationship between “Made in the USA” and international trade today?

#2 What is your evaluation of President Trump’s proposal to levy 45% punitive tariffs on Chinese imports? Will the proposal bring back more jobs to the United States?

#3 It is said that globalization creates both winners and losers. From the readings, why do you agree or disagree with the statement?

#4 One of Donald Trump’s main campaign points was that he was going to bring jobs back to America and push for companies to move their factories out of countries such as Mexico and China. What role can international trade play in this effort?

#5 As we mentioned in the class, international trade is more than a purely economic issue. So what are the other non-economic impacts of trade? Can you provide any specific examples from the readings?

#6 As a result of globalization and trade, nature of the labor market is quickly changing, which has led to many workers without a college degree lost their jobs. In a market economy like the United States, is the government responsible for reeducating these workers or does the government bear no major responsibility?

#7 Is creating jobs in the United States a major responsibility for U.S. companies like Apple and Nike in today’s global economy? Why or why not?