In: Economics
1.How realistic do you think it is to create a world standard for toys with respect to their safety and use by children?
2.Should we ban products from a country that does not follow standards similar to what the U.S. Consumer Product Safety Commission suggests for the United States? Is the CPSC overprotective? Should each country have its own guidelines? Why or why not?
3.If there are health risks associated with lead poisoning, what about related areas such as lead in drinking water (e.g., the issue that came to the forefront in the 2016 U.S. presidential campaign regarding water supply in Flint, Michigan)?
4.Is lead in toys a financial, or cost, issue? Why have we not seen the toy industry monitor and do something about the lead problem, even though we have known about it for more than 30 years?
Refer http://www.chegg.com/homework-help/questions-and-answers/toys-children-made-numerous-countries-exported-buyers-throughout-world-countries-united-st-q26479059