Friday, October 18, 2019
International trade and labour and environmental standards Essay
International trade and labour and environmental standards - Essay Example Research studies by such organizations as the World Bank show that trade triggers and supports growth of economies producing growing middle class citizens in the countries (Rose, para 1-7). The two (economic growth as well as middle class population) motivate these countries to uphold environmental conservation and management as well as improve labor standards. This paper therefore intends to conduct a qualitative analysis of facts and features in international trade, labor as well as environmental standards as they are in the current day by use of available literature. Literature shows that trade agreements in international trade especially by developed and emerging economies promote economic opportunities within the emerging countries, which alleviate living standards of workers within the countries (Neary, 96). The trade agreements by the developed countries like the US provide opportunities for economic performance for indigenous industries as well as workers. Besides, the negotiations of such countries within the international trade front have been associated with improved labor standards within other countries hence the interrelation between trade Analysts as well as policy makers take a leading role in the investigating and explaining how international trade interacts with environment. For instance, a very recent debate on whether trade should be liberalized triggered the conclusions that liberalization is likely to cause increased industrial emissions whose effects are detrimental to the general environment. This on the other hand set the platform for discussion on whether tightening environmental and trade policies should be encouraged for compensation of such changes as would result from the policy changes. Besides, there has also been a growing interest in linking environmental policy and regulation efforts as well as
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