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    Trade liberalization and environmental standards

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    Robert Carbaugh once stated that:

    Trade liberalization leads to a "race to the bottom" in environmental standards.

    What is the argument for and against this?

    © BrainMass Inc. brainmass.com October 10, 2019, 4:39 am ad1c9bdddf
    https://brainmass.com/economics/trade-agreements/trade-liberalization-and-environmental-standards-471647

    Solution Preview

    Argument in favor of this:

    Trade liberalization leads to a race to the bottom in environmental standards because the increasing global foray of multinational companies have led to significant erosion of natural resources. These companies are only looking at ...

    Solution Summary

    Trade liberalization leads to a "race to the bottom" in environmental standards. What is the argument for and against this?

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