PSYC 102 Lecture Notes - Lecture 11: Market Fundamentalism, Free Trade, Protectionism
21 Feb 2018
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Terrorism & globalization: extremism, fundamentalism, free market fundamentalism, free trade : suggesting that there will be no tariffs, subsidies, and embargoes. There are no blocks of imports from other countries. This allows for free export and import, hoping for more international trade: globalization: established through trade treaties (free trade agreements), trade organizations (world trade organizations), international monetary funds (world banks). However they also wanted as a result of this, to participate in a free trade . In order to build your economy, you need people to buy local. In order for this to occur you must let any country sell goods in your country, therefore getting rid of all blocks of imports. This is the process by which businesses or other organizations develop international in uence or start operating on an international scale.
