1. Globalization
If it was not for the WTO the US and Canada might of put greater sanctions up for the EU and thus causing a greater problem for trade. ... This will not only effect their own economy, but will effect other economies as well. ... Recently, Japan is trying to put steep tariffs on imported Chinese leeks, mushrooms, and a type of straw used for mats. ... In this case, China vegetables are very cheap to make compared with that of Japan. So consumers in Japan are buying Chinese goods and thus hurting their own economy. ...
- Word Count: 2363
- Approx Pages: 9
- Grade Level: High School