POL 13000 Lecture Notes - Lecture 20: Liberal International, Global Governance, Economic Efficiency

• School: Purdue University
• Department: Political Science
• Course: POL 13000
• Professor: Mckenzie Johnson

Document Summary

Objectives: what is free trade, why is free trade/globalization such a divisive issue, look into arguments for and against free trade. How does the concept of free trade shape global policy. Individuals versus society: society: low prices! ( = product being produced efficiently) I(cid:374)di(cid:448)iduals out of (cid:271)usi(cid:374)ess: (cid:271)ut if (cid:455)ou (cid:272)a(cid:374)"t produ(cid:272)e so(cid:373)ethi(cid:374)g effi(cid:272)ie(cid:374)tl(cid:455), (cid:455)ou should(cid:374)"t produ(cid:272)e it iconsider: apple, the (cid:374)e(cid:449) ipho(cid:374)e x is apple"s (cid:373)ost e(cid:454)pe(cid:374)si(cid:448)e ipho(cid:374)e to date, starti(cid:374)g at or. But according to a new report it is estimated that the ipho(cid:374)e x (cid:272)osts just (cid:1005)(cid:1006). (cid:1011)(cid:1009) to (cid:373)ake. That"s a profit (cid:373)argi(cid:374) of (cid:374)earl(cid:455) (cid:1010)(cid:1004) per(cid:272)e(cid:374)t for apple: e(cid:454)tra (cid:272)ost if ipho(cid:374)es are asse(cid:373)(cid:271)led i(cid:374) the u. In 2007 steve jobs decided that he wanted a glass screen for the iphone a few weeks before launching: american suppliers said the deadline was impossible. Increase price that consumers pay: dolphin free tuna, consumers should get to decide.