Assertions of Trade liberalization that creates and encouraging of trade in products that create global pollution havens.© BrainMass Inc. brainmass.com October 10, 2019, 12:05 am ad1c9bdddf
Assertions on Trade Liberalization
Assertions of Trade liberalization that creates and encouraging of trade in products that create global pollution havens
Trade liberalization leads to increase in international trade. However, there are varying standards of pollution control in different countries. The economically deprived countries lift their pollution controls and lower pollution standards so that foreign investment is encouraged. The countries actively compete for foreign direct investment leading to a race to the bottom. The quality of air, the quality of water and the quality of life is compromised in these countries.
One of the glaring examples is of the Southern countries that have out-competed each other in lifting sulfur and carbon pollutant standards. ...
This answer provides you an excellent discussion on Trade Liberalization. The expert determines how to encourage trade in products that create global pollution havens. References are provided to aid in the understanding of the solution.