- Downward harmonization
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Downward harmonization is an econo-political term describing the act of adapting the trade laws of a country with an established economy "downward" to the trade laws of the country with a developing economy. This "harmonizing" may affect labor laws, human rights laws, minimum-wage, industry standards, quality control, anti-terrorism, etc.
See also
Categories:- Political term stubs
- Economics and finance stubs
- Economics terminology
- Globalization
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