Fair Trade: The Causes Of Globalization In The Modern World

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Recommended: Side effects of globalization

Globalization in short points to the whole effort towards making the world global community as one community. Goods that were only found in western countries can now be found throughout the globe. Now underdeveloped areas can enjoy the benefits of scientific advances and industrial progress available in developed countries for the development and growth of their areas.

Globalization can also be defined as a current process by which regional economies, societies, and cultures have become integrated through a spanning network of communication and trade. The process of globalization includes a number of dynamics which are rapid knowledge developments that make global communications possible, political developments such as the fall of communism, …show more content…

Smith, Institute for Economic Democracy "Except for religious conflicts and the petty wars of feudal lords, wars are primarily fought over resources and trade. President Woodrow Wilson recognized that this was the cause of World War I: 'Is there any man, is there any woman, let me say any child here that does not know that the seed of war in the modern world is an industrial and commercial rivalry? '.

Another conflict of fair trade is that it cost more to import the goods into another nation then what it will cost to sell it. The fair trade pricing is set by FLO (Fairtrade Labelling Organizations International), therefore, it can be too low for certain producers and farmers and is not enough to meet their basic needs.

Some ethical problems that mangers have to deal with in international business is human rights such as the working conditions that they people in other nations have to endure during the work day, even the salary that most of the workers are getting paid an hour.

There are many difference in managerial styles in selected countries such as Japan and the U.S has a high difference in managerial styles in selected countries, whereas Germany and Saudi Arabia does not have a culture that has high score in the dimension of power distance. Some countries use a direct management style but some chose to use an in direct management

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