Germany's Scholz Favors 'Global Competition' on Electric Vehicles

The transcript discusses the positive impacts of globalization, highlighting how it has lifted billions out of poverty and led to infrastructure development worldwide. It emphasizes the importance of global participation in these benefits and suggests that Germany's non-protectionist economic model is suitable for global adoption. The speaker uses the global car market as an example of successful international trade, noting the integration of Japanese and Korean cars into the German market and vice versa. The conclusion advocates for open trade as a better alternative to protectionism.

According to the text, what should be the goal regarding globalization?

What infrastructure developments are associated with globalization as per the text?