Survey: Latin America: Swimming against the tide
With the increasing trend towards globalization, emerging market countries are being pressed into
signing international accords to free the movement of trade. The friction between globalization and
national interests is illustrated by Latin America's refusal to join the Madrid Protocol, says Sam Mamudi
The march towards trade globalization is unstoppable, or so we
are told. Despite the occasional hiccup, such as the steel dispute
between the US and EU, the opening of national markets is said to
be a natural extension of liberal economics, bringing prosperity
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