Using the Case Example of Clean Air Act or a specific example of your own, address some of the following questions in your discussion of economic development versus environmental regulation:What is the environmental/economic conflict in your opinion?
What are the specific values, politics, and economics that come into play?
Do you feel relaxation of environmental regulation is necessary for continued economic development?
Does the U.S. have a competitive disadvantage because of environmental regulations?
In the specific example you chose, do the advantages of environmental regulations (e.g., reduction in air pollution, water pollution, limitation on harvest of natural resources, etc.) outweigh any competitive gain?