... measures are welfare enhancing. (30 marks) 2. Explain why, despite the arguments presented in 1. above, the most recent round of trade talks (The Doha Development Round) ended in failure with many trade barriers continuing to proliferate. (30 marks) 3. One of the major criticisms of globalisation is that growth in trade is bad for the environment. Using appropriate economic concepts, evaluate this argument. Is there any evidence to support it? (40 marks) Globalization, free trade and the removal of protectionist barriers are three economic concepts that come hand in hand. The definition of globalization is 'the development of the world into one market place' (Grant 2003) and the way this could be achieved would be by the removal of protectionist measures such as quotas and tariffs, to create free trade between all countries. In this assignment I will look at why globalization is in economic theory a fantastic idea, but in the ...

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