In trade talks with Australia, the United States proposed that Australia cannot regulate the amount of foreign

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In trade talks with Australia, the United States proposed that Australia cannot regulate the amount of foreign con-tent on new media without first consulting the United States. Actress Bridie Carter of McLeod's Daughters argued against adopting the trade agreement, arguing the agreement trades away Australia's cultural identity. This highlights one of the effects of globalization: the loss of variety based on cultural differences. How important should such cultural identity issues be in trade negotiations?
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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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