The internet has allowed people from all over the world to develop and create businesses like never before. A person from India can offer services across the globe and take advantage of the globalization. Trading across borders has never been easier and this trend is stirring up the global economy. Jobs are pouring out of the western world and they are increasingly being outsourced to countries with cheaper labor. Discuss how the western countries should tackle this increasing trend of trading across borders. How can western countries benefit from this new “horizontal exchange of services”? Should the market regulate itself or should the government interfere? Finally, express your own opinion about the internet’s impact on the global economy.