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Economics - essay, Essay

“Multinational manufacturers will open factories in a country with the lowest cost of operations. Environmental regulations impose additional costs to manufacturers. In order to induce them to come and invest, developing countries will compete by relaxing environmental standards. So, they are entering into a race of lifting environmental regulations for attracting investors.” Do you agree with the above statement? How should the government enforce stricter environmental regulations on manufacturers? What are your suggestions for the governments of developing countries to attract foreign direct investments and conserve the environments?
“Multinational manufacturers will open factories in a country with the lowest cost of operations. Environmental regulations impose additional costs to manufacturers. In order to induce them to come and invest, developing countries will compete by relaxing environmental standards. So, they are entering into a race of lifting environmental regulations for attracting investors.
Assignment ID
190435
Discipline
Type
CREATED ON
30 May 2017
COMPLETED ON
31 May 2017
Price
$30
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30 May 2017
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