Words: Richardson supports NAFTA, the GATT agreement, and the WTO but feels that we need fair trade rather than unfettered free trade and argues that trade agreements must include labor, safety, and environmental standards. “In the real world, there is no such thing as completely free trade. All trade needs to have regulatory sideboards to prevent a cost-reduction competition via the exploitation of people and the environment.

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More about: Bill Richardson, Trade & Globalization.