Something that is representated all around the world and that helped people about different livestyles
Pros:
- Productivity grows more quickly
- Living standars can go up faster
- Cheap imports keep a lid on prices
- Export job pay more than other job
Cons:
- Lost of jobs due to imports
- Lost of jobs especially due to companies under competitive presure
http://www.businessweek.com/2000/00_17/b3678003.htm
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