SUMMARY:"Assessing Globalization Benefits and Drawbacks of Trade and Integration"

There are vastly different views about globalization between developed countries and developing countries. In western countries, the supporting number has been shrinking as people worry about the increasing wealth gap, environmental pollutions and excessive inflow of immigrates who seek better job opportunity and education. Unfair distribution of resources and social instabilities may arise. The United States is blamed for cultural penetration and invasion and many countries try to preserve their cultures against Americanization. However, most developing countries advocate globalization and recognize the economic growth due to market expansion, free market and international trade. Moreover, the governments embrace multinational companies and foreign investments. Different political parties, social hierarchies and countries have polarized views.