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john

john income gains, but may also likely reduce global environmental damage from coal consumption and farming. Thus, from a welfare economic viewpoint and seen from a world trade perspective, globalization should enhance economic efficiency. But there is considerably less consensus among ecological economics researchers on what this means in practice, or on the social costs or benefits of globalization for society at large. Changes in international trade patterns, markets, technologies and communication patterns affect both the economy and the environment. (Anderson and Blackhurst 98) Globalization has been spread worldwide ever since the age of Industrial Revolution. It has proved to create a country that is more independent and wealthy with the advantage of free trade, and vast rights from the WTO. However, if economical growth is all the people think about, what will happen to the environment around us? It will decay into depletion. Diseases and health problems, due to the regulations of certain acts, will become a critical issue in the future. The continuation of the environmentally hazardous laws made by the WTO will some day lead to the total destruction of nature. All our natural resources may be used up, if we do not regulate the frequent and increasingly large amount we have used so far. The regulation of corporate excesses must be enforced, and this will not be achieved through the WTO unless someone stands up and oppose the rulings made by them. The people that spread and support globalization will be the ones that will be in remorse. If the people who are affected by it the most do not fight for it, then no one will. At the end they will be the ones suffering. Bibliography:

Word Count: 279