The us as well as canada have intervened in the market

Assignment Help Macroeconomics

Reference no: EM1331218

NAFTA and environmental regulations

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 an equitable solution to this problem while still protecting the environment we all share? What is that solution?

Reference no: EM1331218

Questions Cloud

Explain relevancy of the term e-business : How long will the term "eBusiness" be relevant? Defend your answer.

Characterize gm''s commitment to the environment : When working in the area of strategic management, you will often be asked to look at what appears to be a strategic initiative on the part of another company and speculate as to what the strategy behind the initiative really is. In other words Char..

Hrm-related technologies : HRM-related technologies in your organization and Potential influence of annotated bibliography findings on current state.

Stored value of five character variables in circular fashion : Write down a function that shifts the stored value of five character variables in a circular fashion. Your function should work in the following way. Suspose that C1, C2, C3, C4, C5 are variables of type char, and suspose that the values of these ..

The us as well as canada have intervened in the market : The US as well as Canada have intervened in the market and tried to internalize some of the costs of pollution by placing regulations on the amount of pollutants that industries can emit.

Method for addressing the crime issues : You are the captain in the police department's special response unit. You unit normally handles many special projects for the chief of police.

Explaining group or team or individual decision making : What decision would be handled most effectively by a group or team decision making? Which would be handled more effectively by individual decision making?

Human resource management - reasonable accommodation : Human Resource Management - Reasonable Accommodation What is reasonable in reasonable accommodation?

Explain supply chain management : Consider an organization that you know of with a well-known supply chain and overall strategy. You will describe how the supply chain strategy supports the overall strategy of the firm and helps them achieve their overall objectives

User Account

All Pages