Word: offing
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Dates: during 1990-1999
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Your article on the World Trade Organization meeting in Seattle [TRADE WARS, Nov. 29] failed to clarify the fundamental dangers posed by the current structure of the WTO. Free trade--producing and selling goods at the lowest possible cost worldwide--sounds like a noble aim, but when it depends on...
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The issue of the World Trade Organization isn't so much one of globalization as of democracy vs. corpor-ocracy. Globalization has the potential to gradually lift all countries to higher standards for the environment, labor laws and justice. Instead, the WTO, multinational companies and governments are using globalization and...
There is no such thing as a global marketplace. There is only the same old colonial imperialism exploiting Third World labor rates. Only now it is driven by multinational businesses instead of political entities. When the average Chinese worker is able to pay $100 for his kids' sneakers and can...
International trade has helped establish and maintain international peace and alleviate the desperate poverty of the world's least developed nations. Rich countries use tariffs, quotas and subsidies to keep out goods from the developing world. The environmental and human-rights problems in various countries cannot be pinned on worldwide...