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Topic: Technology
Number of pages / Number of words: 2 / 480
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The WTO ruled in favor of Venezuela. So, the US rewrote the Clean Air Act to allow both domestic and foreign gas producers to produce more contaminated gas. In another WTO ruling, Japan was forced to lift its import ban on certain fruits that might bear dangerous insects, even though to get rid of those insects Japan needed to use harmful pesticides...


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Much has been written about the possible negative consequences of globalization. Some of the key concerns are summarized below.

Economic Leakage

Economic leakage refers to the movement of profit margins from primary, to secondary, to tertiary markets.

Primary markets are oriented mainly toward the production of raw commodities (e...


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