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Also, not enacting stricter pollution prevention rules, the WTO is hurting the environment. The WTO undermines local development and penalizes poor countries. The WTO is bad for health by not applying safe food standards to goods being traded.
Globalization is the act of bringing all the nations in the globe together in trade and adding to the global economy by using cheap foreign labor, free trade, and increasing the flow of money in the global market...
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I found this definition online and It does a good job of putting globalization in perspective. In terms of the products we buy and the things we do. It refers to Princess Diana’s death and how goods come to arrive in the market place. A question was posted on//home.earthlink.net/ asking; “What is the truest definition of Globalization?†this was the response “An English princess with an Egyptian boyfriend crashes in a French tunnel, driving a German car with a Dutch engine, driven by a Belgian who was drunk on Scottish whiskey, followed closely by Italian Paparazzi, on Japanese motorcycles, treated by an American doctor, using Brazilian medicines! And this is sent to you by an American, using Bill Gates' technology which he enjoyed stealing from the Japanese...
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