mic advantage produced by lower wages. Wages should be regulated in a fair way, the minimum wage should be proportional to the size of the economy of the country. Trade embargos will be set up against countries that still refuse to comply with WTO regulations after certain period of, but only as a last resort. (Djick pg.295-296)Globalization is in the long run a good idea. It will help developing countries to build their economy by trading goods and services witht the rest of the world. But, before it can proceed there needs to be an international organization with enough power to lay down these global standards, so that workers are not exploited in countries with little or no labor legislation. The only way for free trade to work, is through international cooperation and collaboration to create such an oganization. But, we must ask ourselves Is free trade worth the international bueracracy that must come hand in hand? ...
