international trade leads to wastage of resources of nation. True/false? Give reason.
Answers
Answer:
true
Explanation:
The global waste trade is the international trade of waste between countries for further treatment, disposal, or recycling. Toxic or hazardous wastes are often imported by developing countries from developed countries.
The World Bank Report What a Waste: A Global Review of Solid Waste Management, describes the amount of solid waste produced in a given country. Specifically, countries which produce more solid waste are more economically developed and more industrialized.[1] The report explains that "[g]enerally, the higher the economic development and rate of urbanization, the greater the amount of solid waste produced.”[1] Therefore, countries in the Global North, which are more economically developed and urbanized, produce more solid waste than Global South countries.[1]
Current international trade flows of waste follow a pattern of waste being produced in the Global North and being exported to and disposed of in the Global South. Multiple factors affect which countries produce waste and at what magnitude, including geographic location, degree of industrialization, and level of integration into the global economy.