Globalization Cons
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Title: Globalization Cons

Essay Details:

Subject: Business
Author: Wanda B
Date: October 22, 2015
Level: University
Grade: A
Length: 3 / 723

Essay text:

The USTR's position is that investors should have the right to move funds into and out of countries without delay - meaning that provisions such as capital controls or performance requirements to ensure that investments serve to promote development goals would be illegal under an FTAA." (Hansen-Kuhn) Further proof of exploitation can be seen when examining the problems with the free trade of the Americas Agreement (FTAA). The U.S. government is promoting an approach to the FTAA based in large part on NAFTA, despite the failure of that accord to raise living standards. More than 335,000 Americans have been certified as having lost their jobs because of NAFTA, and most of the jobs created there have been in the low-wage service sector, and many have been temporary...

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