Glickman: Need Average People to Believe in Free Trade

The video discusses the complexities of global trade, focusing on the challenges posed by anti-globalist sentiments and the need for better political strategies to promote free trade. It highlights the importance of infrastructure projects to demonstrate the benefits of trade to the public. The discussion also covers the impact of populist politics on trade policies and the economic arguments for maintaining free trade to keep consumer costs low. Finally, it examines the slowdown in world trade growth due to changes in global economic dynamics and protectionist measures.

What is a major challenge governments face in promoting trade deals like the Trans Pacific Partnership?

• Lack of public interest

• Meeting anti-globalist opinions

• Insufficient trade agreements

• High tariffs

According to the discussion, what is a proposed solution to help people see the benefits of trade?

• Reducing taxes

• Increasing tariffs

• Implementing large infrastructure programs

• Promoting local businesses

What role can economists play in promoting the benefits of trade?

• They can increase tariffs

• They can reduce unemployment

• They can show the advantages of smart trade deals

• They can create new trade policies

What is one of the reasons for the slowdown in world trade growth?

• Rebalancing of China's economy

• Rise in technology jobs

• Increased global demand

• Decrease in manufacturing

What is a challenge in reviving world trade according to the discussion?

• Lack of consumer interest

• Complexities in trade liberalization

• High demand for exports

• Increased global cooperation