Q Why do some marginalised groups in the USA and Canada reject the idea of globalisation Home, - Why some marginalised groups reject idea of globalisation Question 1 - After the Seattle 1999 World Trade Organisation Ministerial Conference there were many demonstrations against the idea of globalisation. Why were these demonstrations mostly directed at the IMF? Answer - The protests that took place after the ministerial conference of World Trade Organisation is popularly known as "Battle of Seattle". It was an anti-globalisation protests initiated by media activists, industrial workers, NGOs, labour unions etc. The said protests was initiated to oppose the specific policies of World Trade organisation along with free trade and human rights failures due to globalization. These demonstrations are mostly directed at the IMF because IMF is a member of WTO and it majorly supported each of the rules passed for globalization. It was in favour of free trade agreements among member countries as well as human right failures that would occur due to globalization. The protesters wanted a different form of globalization which is generally ruled by authentic democracy, debt relief, nature protection, human rights preservation, labour standards upliftment and competitive remuneration policy. However, they believed that most of the specific policies of World Trade organisation were against their welfare and therefore about 40000 took participation in it to fight for their rights. Question 2 - Why do some marginalised groups in the USA and Canada reject the idea of globalisation? In answering consider NAFTA (North American Free Trade Agreement). Answer - The marginalised groups in USA and Canada reject the idea of globalisation due to the following reasons: 1. The developed countries may enter into their nations and then exploit the natural resources of the nation thereby creating a shortage in the availability of such resources. 2. The developed countries may established large scale companies in their nation which can provide goods or products at a comparatively lower price than what they generally charge from the customers. 3. Due to globalisation, developed countries will be able to exports their products into such countries but such marginlaised groups cannot export their goods to such developed countries due to low production capacity, high production cost etc. Related: Define absolute and comparative advantage Why some marginalised groups reject idea of globalisation Define the gravity model How can MNEs act ethically in host countries What does marginal product of labour mean
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