ade will take place with this country, and in a global market trade is a main source of wealth. All the arguments for globalization is putting forward the benefits realized for the developing countries, then why are the developed countries pushing forward this global trend and putting their own money in jeopardy for it? The developed countries are playing a role that is very well hidden, they are veiling them selves under the World Bank and the IMF organizations. ” under the continued surveillance, incentives, and sanctions of new international financial institutions ( the IMF and World Bank), which behaved as accessories to U.S. policies “ ( Mittelman 90). Their actions are based from their after extensive studies. The IMF and World Bank are putting different level of reform plans for different countries all aiming at the rise of the living domestic standards, and the elimination of tariffs and quotas. The elimination of tariffs leaves room for the developed to use it technological advantage to flood the markets with their goods. Which intern yield high profits for their countries. It is only a matter of increasing the first world countries market share, and increasing the consumer’s ability to consume and differentiate between the good and bad goods.Ultimately, the introduction of globalization with its very short-term history will play a significant role in the economic, political, and social sides. It will increase free trade, competition, and nation profits. But these benefits are going mainly towards the nations who have the highest interests in removing tariffs and trade barriers i.e. developed nations. On the other hand the developing countries which are the ones that have the greatest needs for progress and growth are the ones that will be hurt in the process of unification. This globalization trend is simply a new developed or we may say a good looking way to keep the exploitation of the third worl...
