It's not a game of gain and loss
By Lee Il Houng | China Daily | Updated: 2011-09-28 08:05
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Wang Xiaoying / China Daily |
Where there are people, there are externalities, be it positive or negative. Externality is the impact of one party's action on another party whose interest is not part of the consideration when the action is taken. Resolution of conflicts arising from externalities becomes more complicated if they involve two sovereign countries.
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