Does free trade harm the environment- Argument
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Does free trade harm the environment?
Environmentalists argue that trade liberalization harms the environment. The decisions of the World Trade Organization (WTO) in particular have been the subject of much criticism. Carbaugh has described environmentalists' three primary assertions (Carbaugh, 2004):
1. Trade liberalization leads to a "race to the bottom" in environmental standards.
2. Trade liberalization conflicts with morally-conscious environmental policies.
3. Trade liberalization encourages trade in products that create global pollution ("pollution havens").
What is the argument for and against each of these?
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Solution Summary
Does free trade harm the environment?
Environmentalists argue that trade liberalization harms the environment. The decisions of the World Trade Organization (WTO) in particular have been the subject of much criticism. Carbaugh has described environmentalists' three primary assertions (Carbaugh, 2004):
1. Trade liberalization leads to a "race to the bottom" in environmental standards.
2. Trade liberalization conflicts with morally-conscious environmental policies.
3. Trade liberalization encourages trade in products that create global pollution ("pollution havens").
What is the argument for and against each of these?
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Argument in favor of "Does free trade harm the environment":
Free trade harm the environment because trade liberalization has encourage exploitation of natural resources in developing or poor countries by global companies from developed nations for their commercial benefits. It has led to the race to bottom of environmental standards because these companies have tried to take ...
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