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Lakshmi Mittal is the product of the wave of Globalization that started around 1970’s. To answer your question i need to give you some background. The major powers decided that another World war would be too destructive for the world economy and steps had to be taken to integrate the developing world into the developed world. This was especially important as people could see the effects of Nuclear weapons that had been used in Japan During WW2. It was obvious another WW would lead to end of life on this planet. It was becoming obvious that we could either live as half slaves or equals and both things were not possible together. So began the process of Liberalization of the world. Western Germany invited Engineers from the developing world (This is how the foundation of Turkish Diaspora in Germany was laid) USA introduced mass migration from the non White world for the first time as equals instead of as slaves on a large enough scale. The laws banning marriage between Europeans and non ...

Soviet foreign trade played only a minor role in the Soviet economy. In 1985, for example, exports and imports each accounted for only 4 percent of the Soviet gross national product. The Soviet Union maintained this low level because it could draw upon a large energy and raw material base, and because it historically had pursued a policy of self-sufficiency. Other foreign economic activity included economic aid programs, which primarily benefited the less developed Council for Mutual Economic Assistance (COMECON) countries of Cuba, Mongolia, and Vietnam. The Soviet Union conducted the bulk of its foreign economic activities with communist countries, particularly those of Eastern Europe. In 1988 Soviet trade with socialist countries amounted to 62 percent of total Soviet foreign trade. Between 1965 and 1988, trade with the Third World made up a steady 10 to 15 percent of the Soviet Union's foreign trade. Trade with the industrialized West, especially the United States, fluctua...