Honeywell CEO Cote: Why Free Trade Is Good for U.S.

The transcript discusses the impact of trade and globalization on business, particularly in the context of political campaigns. It highlights the importance of trade deals like TPP and the historical debate on free trade. The challenges politicians face in supporting free trade are explored, along with the role of CEOs in advocating for trade benefits. The potential consequences of withdrawing from the WTO are considered, and the desired qualities in a presidential candidate are outlined.

What is the historical perspective on free trade discussed in the video?

• Free trade has been debated for centuries.

• Free trade is only beneficial for large corporations.

• Free trade has always been universally accepted.

• Free trade is a recent phenomenon.

Why is it politically challenging to support free trade?

• Because it is not beneficial for any country.

• Because the negative impacts are more visible than the positive ones.

• Because it only benefits the government.

• Because it is a new concept.

What role do CEOs play in advocating for free trade?

• They have no role in advocating for free trade.

• They oppose free trade to protect local jobs.

• They only focus on their company's profits.

• They can influence public opinion by sharing their experiences.

What could be a consequence of the U.S. stepping back from the WTO?

• An increase in global economic growth.

• A decline in the global economy.

• No impact on the global economy.

• Improved trade relations with all countries.

What qualities are desired in a presidential candidate according to the video?

• Someone who prioritizes only domestic issues.

• Someone who ignores global changes.

• Someone who focuses on advancing the country pragmatically.

• Someone who is ideologically extreme.