The Impact of Globalization...

Well, after US imposed Globalization to the world where there is free trade with no import/export tax or tariffs barrier or import quota, the world begin to feel the impact of Globalization.

The Impact on Developed Countries

In developed countries such as USA where the minimum wage is around US$ 7/hour or around US$ 1,200/month, the salary is considered too high for many Multi National Companies (MNC). The operational cost become high/inefficient.