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| EST. READ TIME 1 MIN.NAFTA and the Environment
Liberalizing trade through the North American Free Trade Agreement (NAFTA) and similar regional treaties raises hopes for increased prosperity for the Western hemisphere. A united North American marketplace would have a combined purchasing power of more than $6 trillion, making it the world's largest trade bloc.
Two major controversies surround free trade agreements: job loss and environmental protection. NAFTA opponents from organized labor and manufacturers fearing low-cost competition from Latin America have joined forces with environmentalists who fear U.S. companies may move to Mexico to take advantage of lax environmental regulations.
This collection of papers explores the environmental issues of liberalized trade. Contrary to the scenarios of environmentalists, contributors to this book argue that liberalized trade can lead to enhanced environmental protection through increased prosperity and implementation of market-based environmental policies.
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Terry Anderson
Terry L. Anderson is the John and Jean DeNault Senior Fellow at the Hoover Institution, Stanford University; past president ofthe Property and Environment Research Center, Bozeman, MT; and Professor Emeritus at Montana State. Much of his career focused on developing the idea of Free Market Environmentalism, the title of one of his 43 books. More recently he has focused his research on the evolution of Native American property rights institutions. His most recent book with Kathy Ratte is Renewing Indigenous Economies. He lives in Montana with his wife, Monica, where they enjoy fishing, hunting, horseback riding, and skiing.… Read more Read Less…
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