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☆☆☆☆☆Environmental-protection laws can be bad for the economy because they may increase unemployment.
Increases purchases from producers
To get countries or companies to stop doing something objectionable
To help countries achieve sustainable development
By creating multilnational trade agreements
MULTILATERAL... not multinational.
Increased mobility allows producers to move jobs to lower-cost labor markets.
An improved climate for foreign investment
Interconnections among the people and economies of the world
The colonizers used the resources of their colonies to grow their own economies.
Lower production costs help lure foreign investment.
Control of the money supply determines how much money is available for international trade.
Rationing
Free-trade policies
many countries are too underdeveloped to take advantage of the oppurtunities presented by increasing international rate.
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
Many developing countries do not benefit from free trade policies, because their industries are to weak to compete in the international market.
Higher prices for consumers
the migration of workers
