International Trade Quotes
It is very easy for an American company to make parts in the United States, ship them to Mexico for assembly and bring the finished product back. However, for counties like France it is much more difficult.
There was much New England dissatisfaction with the disproportionate power held by the Southern states as a result of counting three-fifths of the slave population for apportioning Congressional seats. In addition they were disproportionately hurt by the War of 1812 and the Embargo on trade with England. Secession was proposed but failed to get a majority. A number of proposed Constitutional amendments were voted upon. The super-majority herein required would have diminished their vulnerability to Southern power.
Professor Levitt coined the word “globalization” in this 1983 article.