International Trade Is A Political Source Of Contention

International trade is a political source of contention. Politicians for decades argue for â€Å"bridging back American manufacturing jobs† lost to the outsourcing in poorer countries. In The Travels of a T-Shirt in the Global Economy, Pietra Rivoli analyzes the creation of a simple cotton t-shirt and the effect on a global economy. In her book, Rivoli argues that while there are winners and loser in international trade, there are a wealth of benefits in innovation and international relations that globalization provides. In the history of United States foreign policy, the planet has never been more interconnected by trade. Therefore, trade is a necessity in a modern world that makes the globe wealthier and more stable. Rivoli’s book proves that a simple t-shirt purchased on a whim connects an entire global market in the process before coming to a shelf. Throughout the t-shirts journey however, it’s met with many different viewpoints on the benefits of this globalization. For example, an area of controversy the author presents the book is the theory of â€Å"racing to the bottom.† Since the mass production of cotton, there have been factories that produce large quantities of textiles. Usually these factories carry poor working conditions and environments along with them. From Britain to the United States, and now 2nd world countries throughout the world, â€Å"sweat shops† have often been synonymous with child labor, poor wages, and brutal work hours. Rivoli brings the arguments of the theShow MoreRelatedBusiness and Economy Discussion Questions1504 Words   |  6 Pagesend of the process (Kieffer, 2008). 3. The impact of current fiscal and monetary policy on the economy is a major source of contention and is not easily addressed in an issue. Current economic policy, in the United States, appears to be geared at helping pull the United States out of a recession. 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