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Economics, Economic Policy
Year 4
Argument against the assertion
Proponents of trade liberalization argue that freer trade might actually improve the quality of the environment. For example, the international environmental policy of the U.S. and other industrial nations is based on the "polluter-pays principle." This approach is intended to give producers the incentive to develop more pollution-control techniques.2
Trade liberalization encourages trade in products that create global pollution ("pollution havens").
By OTA: Sachi Sarma, MFT
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