Enrique Pena Nieto Quotes

The American multinational companies made millions and millions of dollars from globalization.

During the boom years of the 1990s, globalization emerged as the most significant development in our national life. With NAFTA and the Internet and big-box stores selling cheap goods from China, the line between national and international began to blur.

My grandfather was the architect behind NAFTA, and that has created so much economic opportunity, not only in our country, but in Latin America.

Trade liberalization can be contagious, and the opening of markets regionally can spark progress multilaterally as well.

The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially.

Prior to 2001, hardly any company in North America or Europe would buy from India.

Growth at home depends on growth abroad.

Too much of British business and industry feels similarly secure in the warm embrace of the European single market and is failing to recognise that today's great export opportunities lie in the developing world, particularly in Asia.

NAFTA has been a great success for the three countries involved.

Globalization is a fact of economic life.

Back when Detroit was the head of auto manufacturing, it was clear where profits were created. Right? A car was made in Detroit. There was little argument that you could make that some of the money from that should be sent overseas to Ireland.

Washburn's an old American name, but this one was assembled overseas.

The Bush Administration and the Congress have to stop ignoring this crisis in international trade. The longer we ignore it, the more American jobs will move overseas. It's just that simple.

China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.

Globalization must be controlled.

Offshoring is only the latest manifestation of the gains from trade that economists have talked about at least since Adam Smith… More things are tradable than were tradable in the past, and that’s a good thing.

Globalization

The political boundaries of nation-states are too narrow and constricted to define the scope and activities of modern business.

Global capitalism means that people are no longer confined by the decisions of national elites. These could be the local monopolies, the local powers, politicians, and so on. By making local powers compete or by bypassing them altogether, globalization gives people more freedom to decide.

The people who are banking on Oriental trade are bound to be disappointed. The United States cannot compete with foreign countries until we can manufacture products at a lower cost, which means cheaper labor

Globalization is very difficult to understand and almost impossible to regulate.

We’re not at the endpoint of globalization but somewhere near the starting line.

International economic cooperation has delivered benefits to the United States and other countries that would have been impossible to attain otherwise.

NAFTA is an ancient treaty.

Globalization is simply opening the free marketplace to encompass the entire world.