Iowa Consumers

The first group of people that are positively affected by globalization and outsourcing is consumers in Iowa. Iowa is affected greatly by global trade. Trades increase with consumer choice. With trade it allows people to enjoy products that come from places all around the world and it is easier to get out of season goods. 348,578 jobs are created and supported by global trade in Iowa. Also, when companies like John Deere keep their American factories, and outsource to Vietnam, more job opportunities for Iowa and Illinois citizens open up because the John Deere headquarters in Moline, Illinois needs people to communicate with the Vietnamese factory and relay that information to headquarters. This provides more jobs for Iowa (Business Roundtable, http://www.tradeforamerica.org/why/pdfs/trade/IA3.pdf, May 19, 2011). Lower cost from trade causes more purchasing power for Iowa consumers. This helps low income families. As the trade in Iowa goes up, the unemployment goes down. Iowa’s unemployment is 4.6 percent below the national average. Iowa is also benefited by global trade because farmers from Iowa export a large amount of soybeans to countries all around the world, which includes countries in Southeast Asia. $5.58 billion in soybeans were exported around the world by Iowa farmers. Overall, Iowa government and the citizens in Iowa are greatly benefited by global trade and outsourcing. (Wiser, http://wcfcourier.com/business/local/ article_0b364192.html, 20 Feb 2011)