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It is an advantage for the world because third-world countries are able to begin to develop. When factory's open in these third world countries many of the natives are provided with jobs to help their community and country. The entire world has benefited from these countries gains.

Capital markets also are globalizing...

Foreign investment is increasingly important in the creation of jobs and improvement of living standards in developing countries. More generally, it allows companies to position themselves in an increasingly competitive world through environmental diversification.

However, WTO, the World Bank, IMF are causing huge economic imbalances between rich and poor and horrible Third World debt...

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