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People moan about globalization until they realise that if things were made in their own country they would cost several times as much to buy the products they still can't do without if indeed they could be made atall.
Occupy or Anti-Globalization groups still seem to love using modern technology afterall. If they cost $1000 instead of $300 then they'd be going on about how big business is stopping the small guy getting their products but not realise why things can be made and shipped from abroad so cheaply.

I think one of the issues is the changes over time of the intellectual property/design and a physical product. In the UK we invent and design a huge number of things. But it's all made abroad. But if it starts off here is it a product of the UK or abroad or both?
We had a lot of problems with things made for the Olympics. Designed by UK companies but made in China. But the money went to UK companies so the UK economy benefitted, but then so did the Chinese.

Grandma's antiques are not at risk, but Grandma's itunes library is :P