3. Do globalization of business and corporate "rights" (i.e., the right of corporate interests to support political candidates financially) present difficulties in protecting common goods and services like environmental quality (e.g., water quality, air quality, etc.)? Why? What should be done?

3. Do globalization of business and corporate "rights" (i.e., the right of corporate interests to support political candidates financially) present difficulties in protecting common goods and services like environmental quality (e.g., water quality, air quality, etc.)? Why? What should be done?

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter21: Economic Development

Section: Chapter Questions

Problem 4.6P

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Concept explainers

Protective Tariffs

A tariff is a kind of tax that is charged on exported and imported items. It means tariff is charged on both kinds of goods i.e., exported and imported. However, some goods may be exempted from this kind of tariff. Protective Tariffs refer to the charges which a country charged on imported goods to protect its domestic market. It also protects countries Industrialists in their Production. So, that their markets remain intact and do not get dumped by outside supply.

Question

3. Do globalization of business and corporate
"rights" (i.e., the right of corporate interests to
support political candidates financially) present
difficulties in protecting common goods and
services like environmental quality (e.g., water
quality, air quality, etc.)? Why? What should be
done?

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