In 2017, in a speech in China, Apple CEO Tim Cook stated
that globalization is “great for the world…. I think the
reality is you can see that countries in the world … that
isolate themselves, it’s not good for their people.”
a. Why would countries that isolate themselves rather
than participate fully in the global economy be hurting their own people?
b. Is there an argument to be made that globalization
hurts rather than helps some economies? Briefly
explain.
Source: Eva Dou, “Apple CEO Tim Cook Defends Globalization in
China,” Wall Street Journal, March 18, 2017.