Analyze formation of Canada's trade policy or environmental policies Essay

Analyze governance of Canadas trade policy or environmental policies with respect to domestic political and economic forces. Discuss the advantages and disadvantages - audition ExampleThe main advantage of environment regulation through command-and-control intervention is political support contempt its inefficient features. It has high symbolic value for public that identifies prohibition with higher efficiency than taxing contamination discharge. It favors existing industries with political leverage and acts a barrier for new firms. Most importantly it identifies it as address effective measures that would not pose charges directly to the public. It gives discretionary powers to the bureaucracy which is politically motivated. The exemptions from strict laws are utilize as tools for negotiation for political gains.The major disadvantage of the command-and-control measure is that it promotes inequality and inefficiency in the garb of comprehend costs. It is also a short term po licy that deters new firms to be innovative in outgoing discharge. From the economists perspectives, effluent charges would remove disparity and would act as discouragement for high discharge of pollutants by industries at large. Its results could only be seen on long term basis, hence, it is not favored by political forces. (words