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Mossie Lueilwitz ∙
There is an increasing income gap between rich and poor countries, because labor jobs will be moved to the countries with the cheapest manpower.
loss of control over the national economy.
The reduction of trade barriers
A shortage of supply
by using capital controls
comparative advantage
Improved communication: Easier outsourcing; Trade liberalization: Increased trade; Infrastructure development: Cheaper transportation; Industrialization: Greater productivity.