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foreign firms flood the market with their products and services which causes local firms to shy away from competition.
Dumping of the rich world's produce on world markets. Stops local industries from being developed as competitions become
difficult.
Helps spread the materialistic lifestyle and attitude that sees
facilities to less developed countries that lack rules and regulations regarding the protection of labor and environment from abuse.
Firms of developed countries not willing to cope with environmental
annually from 1980 to 2002, whilst the world's poorest 40 countries had a combined growth rate of zero. For large swaths of Africa, the income level today is less than 1-dollar-per-day
Poor nations being held back by large debt burdens. 40 or so highly indebted poorer countries home to 700 million
people in which govt. debts average to 85 percent of the value of economy measured by GDP.
Servicing these heavy debt loads leaves the governments with little
paid.
Emigration of unskilled adult workers from poor countries to rich
child laborers of which, about 171 million children work in hazardous conditions and 5.7 million are forced to work against their will.
About half of the world's soccer balls are made in Pakistan, and each one of them passes through a process of production where child labor is involved. involved in the production line. Majority of these children work in Asia, e.g. in the nations of India, Pakistan, Bangladesh and Indonesia.
More than 200 children, some as young as 4 and 5 years of age, are
national governments
Unelected bureaucrats impose policies on the democratically elected
state to change trade policies. If it refuses to comply with the ruling, the WTO allows other states to impose appropriate trade sanctions on the transgressor.