Countries and promote all aspects of international trade

Assignment Help Business Economics

Reference no: EM13853496

The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico whose purpose is to eliminate tariffs between the countries and promote all aspects of international trade.

There are many arguments for and against the treaty. One of the arguments against centers on the fact that Mexican industries do not have to meet the same environmental regulations as industries in the United States and Canada. The U.S. and Canada have intervened in the marketplace and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit.

Opponents of NAFTA point out that pollution is largely a free good in Mexico, and that being free to pollute gives industries in Mexico an economic advantage over those in the U.S. and Canada. Is there anything that can point us towards an equitable solution to this problem while still protecting the environment we all share? What is that solution?

Reference no: EM13853496

Questions Cloud

Situations would you prefer borrowing : In which of the following situations would you prefer borrowing?

Cost-push inflation can be called : Cost-push inflation can be called

Accurate description of what can cause inflation : Which of the following is not an accurate description of what can cause inflation?

Aircraft compass showed that the aircraft moves : Aircraft compass showed that the aircraft moves to the north and the speed indicator showed that the aircraft is moving at a speed of 240 km / h. If there is a wind blowing at a speed of 100 km / h from the west to the east, what is the velocity rela..

Countries and promote all aspects of international trade : The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico whose purpose is to eliminate tariffs between the countries and promote all aspects of international trade. Opponents of NAFTA point ou..

Critically analyse michael hill diversification into shoes : What elements of global strategic management are apparent in Michael Hill's initial expansion into Australia? Critically analyse Michael Hill's diversification into shoes. Compare and contrast the entry models into Australia, Canada and the United St..

Investment account earning : Assuming an age of 28. At the beginning of each year, starting today, you put $3,000 in an investment account earning 8% per year and you continue making $3,000 contributions every year until you reach age 70.

Strengths and weaknesses of this market research project : You are in charge of preparing a memo for the Board of Directors analyzing how to best build ticket sales for the remaining 4 months of the season. What decisions did you make? What are the strengths and weaknesses of this market research project

A man slides down a ramp on a wheel chair : A man slides down a ramp on a wheel chair. If the mass of the chair is 50kg, calculate the mass of the person sitting on the chair.

User Account

All Pages