Economic advantage over those in the us

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Reference no: EM1311730

Q. Please answer the question below in short essay format (no word requirement):

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

There are many arguments for also 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 also Canada. The U.S. also Canada have intervened in the marketplace also 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 also that being free to pollute gives industries in Mexico an economic advantage over those in the U.S. also Canada. Is there anything that can point us towards an equitable solution to this problem while still protecting the environment we all share? Illustrate what is that solution?

Reference no: EM1311730

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