ological change is the main reason for the shift in demand for labor. As a result, this article points out that globalization does not affect income inequality. Trade with low-wage countries is very small relative to the U.S. GDP. Globalization with these countries does not do what most economist report. ("Labor Costs and International Trade")
             In the next article, "Globalization: Benefits and Responsibilities," U.S. Ambassador Richard Hecklinger reports his views on globalization. In his introduction, he states that "globalization is a phenomenon that touches every one of us." This statement is true because free trade causes many things to be better for consumers. Later in the introduction, Hecklinger says that the "entire society [has] a responsibility to work together to take full advantage of globalization and to minimize any negative impact[s]" it might have. In the first section -- "Markets, Poverty, and Globalization" -- he starts off by saying that "open markets and rules-based trade are the best means we know of to lift the standard of living." He points out that international trade and investment are essential to the prosperity and well being of our citizens. He showed a statistic of among developing nation that showed that from 1970-1990, economic growth rates were 4.5% for those who were opened to!
             free trade, and less than one percent for those who blocked trade and investment. The second point he makes is that economic growth is the best and probably the only cure for poverty. In studies done, out of 125 countries with relatively close relationships in overall income, 108 of them had increased income among there poor. "The global economy offers countries markets for the products, lowers prices and expands choice for consumers and domestic industries alike, creates jobs, and ultimately reduces poverty despite disruption to some sectors.&quo...