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International Trade: Free, Fair and Open? by Ralph Lattimore, Patrick Love

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7. Trade and the Environment

Producing goods, consuming goods and moving goods all have an environmental cost that is rarely included in the price we pay. This is also true for trading goods internationally. But it is by no means always the case that a locally sourced product is more environmentally friendly than one that has travelled a long distance. Trade can also help to reduce the negative consequences of economic growth by making environmentally-preferable products and technologies more easily available.

By way of introduction…

Is international trade bad for the environment? There’s certainly plenty of spectacular evidence that many natural resources are not valued as they should be around the world. Think of the tropical forests ...

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