How has globalization affected the manufacturing of consumer goods that are sold in the US

Globalization affects the consumer goods sold in the US because it means the spread of products, investment, and technology across national borders and cultures, so other countries might not want to purchase goods from the US.

Benefits for Small Retail Businesses

Opening of trade with developing nations created a new era of inexpensive manufacturing based on the low wages paid in those countries. It also introduced many Asian and Hispanic products to the U.S. consumer and helped small retail businesses easily import these international foods and products for retail in small grocery stores, where they can offer niche products not found in chain supermarkets. Gift and clothing shops have also benefited from the availability and low price of goods made offshore. This manufacturing has encouraged the growth of the independent apparel, furniture and giftware designer industry in the U.S. because relaxed trade allows these small companies to outsource their manufacturing offshore, resulting in lower costs of production, greater profits, and lower costs of goods to U.S. retail consumers and other small businesses.

Retail Benefits Offshore

The tremendous growth in offshore manufacturing helped raise the standard of living in developing nations, creating a new consumer market for U.S. brand-name retailers and emerging companies alike. Retail opportunity abounds for Western brand-name stores in China, India, and throughout many developing countries, but there is also opportunity for small U.S. used car dealers and other dealers in American cultural-icon products like jeans, decorative and entertainment products, to export in bulk or through online sales to newly monied offshore consumers eager to buy into the American mystique.

Downside of Globalization

For the small U.S. retail store owner, the low prices of goods available via chains such as Walmart, which imports much of its inventory, have the effect of squeezing the profit margins of small stores trying to compete. Inexpensive labor offshore has also had a dampening effect on wages in the U.S., giving consumers less money to spend on retail items, which drives them to the retail chains that can offer lower prices than can small independent stores.

The Grocery Exception

One area of retailing that remains primarily local is grocery stores. As the U.S. consumer has become increasingly health-conscious and aware of ethnic foods and herbal medicines, there is increasing opportunity for the small U.S. retailer to supply the growing immigrant population, as well as interested American citizens, with these imported products. A recent Harvard study of major chain supermarkets found their forays into serving the global marketplace have not been met with the same success they enjoy in their home countries.

the answer is c. according to past decisions, free speech is not unlimited.

hi there,

on december 11, 2001, china officially became the 143rd member of the

world trade organization (wto) in the culmination of a negotiation

process which began in 1986. economists have long been debating the

global effects of china's accession to the wto, and as china becomes

fully integrated into the organization over the next several years,

the accuracy of their predictions will be tested.

one of the biggest residual effects of china's entry to the wto,

according to economists, will be the relocation of manufacturing and

distribution centers to china. due to its cheap labor, cheap

industrial land, and educated workforce, china is an ideal production

centre for businesses based in outside countries. this will likely

result in a twofold impact – more jobs will be available in china,

while countries like india, which have historically offered cheap

labor, will suffer. taiwan and malaysia's technology industries are

already suffering as companies like dell computers move production to

china, and while foreign investment soars in china, other asian

countries suffer. in addition, mexico and the caribbean will lose

thousands of garment manufacturing jobs as the u.s. lifts restraints

on chinese textile imports.

while the impact on southeast asia may be negative, the western world

may benefit. while some suggest china's open borders will result in

increased competition and a decreased employment rate for the western

world, western countries will benefit from access to china's highly

developed electronics and industry sectors. with duties and quotas

slashed, and restrictions lifted, multinationals will benefit by

setting up distribution centers without the need for chinese

middlemen. in addition, it's expected that china will import massive

amounts of food products, machinery and vehicles from the u.s., japan,

hong kong, taiwan, singapore and south korea, thus providing

significant boosts to these countries' economies.

in conclusion, it seems that while western countries may benefit from

china's accession to the wto, there's the potential that asian and

south american countries may feel the pinch of free trade as china

moves to a global economy.