WTO IMPACT

WTO Impact

WTO Impact

One of the significant questions debated is whether or not free trade is a race to the top or a race to the bottom regarding environmental regulations. Critics of free trade's impact on the environment argue that polluting industries will move to poor nations that have weak environmental regulations, creating pollution havens (Sampson, 2005). Proponents of free trade argue that it will result in a ratcheting up of environmental policy, citing the famous Kuznets curve, which argues that environmental conditions improve with increased national income. Cases have shown both to be true. For example, the regulation of ...