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The second most fundamental international relation is economics. Most countries participating in the world economy, a mostly capitalist system where countries and companies compete to bring quality and cheap goods to consumers. Even though the U.S. understands its responsibility to the global markets and role in sustaining its global economic supremacy, some political scientists and elected officials advocate for keeping jobs at home. Protectionism is the idea that you must protect the homeland first, specifically with jobs. Internationally, the World Trade Organization’s responsibilities are to keep trade open by cutting tariffs, creating fairer trade, and settling disputes.
Today’s world seems to be moving beyond sovereignty and toward supranational leadership to cooperate on issues of global importance. What are some of these issues? How might they be solved through supranational cooperation? Does such cooperation impede the sovereignty of independent nations? Please sure to include specific examples in supporting your point.
PLEASE USE at least one SCHOLARLY PEER-review REFERENCES, along with the book below, Intext citation APA FORMAT AND PLEASE MAKE SURE ONE IS FROM THIS BOOk
Roskin, M. G., Cord, R. L., Medeiros, J. A., & Jones, W. S. (2014). Political science: An introduction (13th ed.). Boston, MA: Pearson. References
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