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Essay / Research Paper Abstract
A 10 page research paper that examines the question of whether or not opposition to globalization, free trade and the WTO is justified. The writer argues that examination of this question shows that the answer is quite complicated, and that a clear "yes" or "no" is not possible. It is true that globalization and free trade hold great promise as a basis for international trade and can result in world prosperity. This has been evidenced in numerous examples, principally in the way that several Asian economies have prospered in recent decades. But, it is also true that there are still numerous problems, injustices and inequalities that stem largely from the greed and self-interest of the developed nations. Bibliography lists 10 sources.
Page Count:
10 pages (~225 words per page)
File: D0_khglobad.rtf
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Unformatted sample text from the term paper:
poverty, the opposition to this movement pictures globalization as an evil that must be stopped. In December of 1999 in Seattle, Washington, protestors rallied against a meeting of the World
Trade Organization (WTO), the institution most closely associated with globalization and free trade initiatives. The WTO administers trade agreements and settles trade disputes for its 150 member nations and WTO
treaties cover virtually all aspects of world trade (Murchison, 2004). Protestors believe that "there is nothing free about free trade" and that, in reality, globalization constitutes a "network
of world monopolies" (Murchison, 2004, p. 60). This brings up the question as to which view of globalization, free trade and the WTO is correct. Is opposition to globalization and
free trade, as practiced through WTO agreements, justified? Is this a boon to society or a modern plague against the undeveloped nations? Examination of this question shows that the answer
is quite complicated, and that a clear "yes" or "no" is not possible. It is true that globalization and free trade hold great promise as a basis for international trade
and can result in world prosperity. This has been evidenced in numerous examples, principally in the way that several Asian economies have prospered in recent decades. But, it is also
true that there are still numerous problems, injustices and inequalities that stem largely from the greed and self-interest of the developed nations. Background Globalization is defined by Fischer (2003) as
the "ongoing process of greater economic interdependence among countries" and this process is reflected in the increase in "cross-border trade in goods and services," as well as through the "increasing
volume of international financial flows and increasing flows of labor" (p. 3). While globalization is primarily viewed as an economic phenomenon, Fischer also points out that it encompasses non-economic aspects
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