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Explain The Relationship to Globalization and Its Relevance for Global Manager.

The article I found that supports my essay is called Free Trade vs. Fair Trade. established in 2011. This article supports my essay because it gives the definition of free trade and fair trade and explains the two. The article also explains the difference between fair trade and free trade, using coffee as an example. I provided an example in my essay with providing lemons to run a lemonade stand to ell drinks. I will now explain how relationship to globalization and its relevance for global managers. Globalization refers to the increasingly global relationships of culture, people and economic activity. Mainly, it refers to economics: the global distribution of the production of goods and services, through reduction of barriers to international trade such as tariffs, export fees, and import quotas. Globalization contributes to economic growth in urban and developing countries through improved specialization and the principle of comparative advantage (Wikipedia). After reading the article, I believe that free trade and open markets are becoming under much criticism. Global managers have a wide range of options to deal with globalization.
For global competition, managers also need to make decisions regarding the internationalization process. In my essay Ashley and Beth was their own managers who made their own decisions. Ashley, supported free trade by taking five lemons to her neighbor to trade for ten cups and one bag of sugar. She did this without the interference of the government's tax or monetary gifts. Beth on the other hand supported fair trade. She did this by receiving a birthday check from her grandma for 100 dollars. She also went to Food Lion to buy her supplies for her lemonade stand. Fair trade aims to help producers in developing countries obtain better

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