We are all affected by externalities. Environmentalists would love to see any type of pollution banned completely. Do you agree with them? Or do you side with most economists, who argue that some pollution is better for society than none at all. To take this one step further, Phil Knight, as well as many others, has major production/manufacturing facilities located in some of the poorest regions of the world. Ever wonder why? Have you ever bought a NIKE article? Would you again and what do you say to those who disagree with you? Explain your answer carefully.
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