Emerging countries have the moral basis to claim Aid from Wealthier nations. High-income countries have the moral obligation to help them. For the hammer and the imposition of an economic order, that day by day affect developing countries, decreasing the quality of life of their people. In 1970, a new economic model was implemented, called “globalization,” a model that integrates and regulate how the international community interact. This trade agreement represents an agreement between states to exchange with one and another by most-favored nations status and to negotiate business deals by reciprocity (Rosenthal, 260).
This global interaction has been regulated by a series of norms, which favorited Wealthy Nations over developing nations, …show more content…
Also. These duties, are imposed on labor-intensive products in which development countries are high (Rosenthal, p.263). For example, development countries manufacturers are based on textile and clothing, for production, they need an intensive labor for this mass production to respond the international demand. This product, are also protected by the tariff imposed on textile, being three times higher than the intensive labor. It produces an advantage to industrialized countries, to import textiles or clothing at low cost. Also, the incentive or subsidy in agriculture of industrialized nations undermining the performance of developing countries. For example, in research reported by Environmental Working Group, found that in 1995, the …show more content…
These rules of exportation tariffs described above, and regulations for patented and copyright, in technology, which slow the diffusion of technology, due to the fact, that copyrights protect them. In this case, if a country would like to access to this technology, they should pay rent to the owner, that in more cases are industrialize countries, such as, the United States, who in 2015 led to around 57,385 international patent applications filed that year. (Rosenthal, p. 281) (Statista). Also, they also cost with rules, that makes the U.S dollar the main currency, due to the fact, that U.S has the primary financial system and international capital
This global interaction has been regulated by a series of norms, which favorited Wealthy Nations over developing nations, …show more content…
Also. These duties, are imposed on labor-intensive products in which development countries are high (Rosenthal, p.263). For example, development countries manufacturers are based on textile and clothing, for production, they need an intensive labor for this mass production to respond the international demand. This product, are also protected by the tariff imposed on textile, being three times higher than the intensive labor. It produces an advantage to industrialized countries, to import textiles or clothing at low cost. Also, the incentive or subsidy in agriculture of industrialized nations undermining the performance of developing countries. For example, in research reported by Environmental Working Group, found that in 1995, the …show more content…
These rules of exportation tariffs described above, and regulations for patented and copyright, in technology, which slow the diffusion of technology, due to the fact, that copyrights protect them. In this case, if a country would like to access to this technology, they should pay rent to the owner, that in more cases are industrialize countries, such as, the United States, who in 2015 led to around 57,385 international patent applications filed that year. (Rosenthal, p. 281) (Statista). Also, they also cost with rules, that makes the U.S dollar the main currency, due to the fact, that U.S has the primary financial system and international capital