What is business imperialism?

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Apr 22, 2017

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When the Western industry sells Tshirts with "abecrombie" logo to Africans.

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Modern imperialism means imposing one's culture, means and ways by the strength of one's economy.

Developing countries cannot compete, neither in price nor in quality, with products of mature industries that have ironed out all manufacturing hurdles and scale down costs by mass production.

Developed countries organise legitimate "cartels" by imposing free trade regulations to entire geographical regions whose Industry cannot survive without custom protection and import duties.

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