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Export and Globalization

1. Give a profile of a state's export activities. Examples: What percentage of your state's economy is dependent on exports? Who are your trade partners? What some of the products? What surprised you most and why? Please explain

2. What are the some of the issues that lead to anti-globalization movement? (Think riots and protests at all IMF, WB, or G-20 meetings - Seattle). Select two and describe why you either agree or disagree with these opinions. Please explain

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1. Give a profile of a state's export activities. Examples: What percentage of your state's economy is dependent on exports? Who are your trade partners? What some of the products? What surprised you most and why? Please explain

The state I am considering is Minnesota. The manufactured exports are responsible for 114,900 jobs in Minnesota in 2011. Of these 57,100 jobs are in manufacturing whereas 57,800 export related jobs are in marketing and sales, logistics and transportation. The total exports of Minnesota according to 2011 figures are $20.3 billion. Of these Minnesota?s top export markets are Canada with exports of $5.8 billion, China $2.3 billion, and Japan $1.3 billion. The top products being exported from Minnesota are Machinery, Optic/Medical instruments, Electrical Machinery, Vehicles, and Plastic. The value of ...

Solution Summary

Sourcing of products in the context of globalization is explained in a structured manner in this response. The answer includes references used.

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