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☆☆☆☆☆Environmental-protection laws can be bad for the economy because they may increase unemployment.
Consumer confidence
Investment money flows freely around the world.
To help countries achieve sustainable development
By creating multilnational trade agreements
MULTILATERAL... not multinational.
Environmental-protection regulations increase compliance costs and decrease economic competitiveness.
Rationing
Labor intensive production is cheaper to do in countries with lower pay rates. In the US, there's a minimum wage, other places there isn't.
Some other textile tasks, like dyeing(which is often toxic), is cheaper to do in places with less environmental restrictions.
Cheap imports can force U.S. companies out of business.
Foreign countries often accept lower salaries and poorer working conditions, meaning stuff can be made cheaper there.
It could pursue a policy of national self-sufficiency.
Country A has a lower opportunity cost for producing televisions.
When they can produce it at a lower opportunity cost than other countries.
Free-trade policies
Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.
censorship
consumer-provide labor and investment
producer-provide individual goods
government-provide public goods
the level of wealth
