Identify the correct statement.
A)The overall effects of the Uruguay Round on global pollution are actually small.
B)The actual effects of the Uruguay Round on pollution levels are uniform across all the countries.
C)Evidence shows that free trade is inherently anti-environment.
D)The composition effect of the Uruguay Round tends to increase production of environment friendly products in the United States.

Question

Quizplus · Accepted Answer

The Uruguay Round, part of the General Agreement on Tariffs and Trade (GATT) negotiations, aimed at reducing trade barriers and did not specifically target environmental issues, leading to a minimal direct impact on global pollution levels. The other statements are incorrect because the effects of trade agreements like the Uruguay Round on pollution levels can vary significantly between countries, free trade can have both positive and negative environmental impacts depending on how it is managed, and the composition effect (which refers to changes in the mix of goods a country produces as a result of trade) does not necessarily lead to an increase in the production of environmentally friendly products.

Identify the Correct Statement