Differences in environmental standards

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Reference no: EM13156661

Allowing free trade between countries can be beneficial, but it also imposes costs. Use the ITT Tech Virtual Library to research costs and benefits of allowing free trade. Discuss aspects of international trade that some may consider unfair. For example:

i. Distribution of costs and benefits of free trade. In other words, does everyone share in the gains and the costs equally?

ii. Competing with different labor restrictions (or lack of), such as slave or child labor.

iii. Differences in environmental standards. Answers vary.

Reference no: EM13156661

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