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| Topic: |
Science
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| Number of pages / Number of words: |
5 / 1142 |
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Opponents of globalization will argue that this practice is unacceptable because American textile workers will lose their jobs. However, advocates claim that the benefits of the increased competitiveness outweigh the fact that some workers will lose their jobs.
Globalization advocacy has also been bolstered by the liberalization of international trade barriers...
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The formation of the World Trade Organization (WTO) has helped to lower tariffs "from the high double digits in the immediate postwar era to around 5% at the turn of the century." (Carbaugh, p.6) The lowering of tariffs has helped countries to be able to export their products cheaper than ever. Therefore, if American citizens are able to buy foreign products for less money than domestic products because of reduced tariffs, then Americans will be better off...
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