What Effect Did the Basel Convention Have on World Trade

question 28

Multiple Choice

What effect did the Basel Convention have on world trade?

• A) It allowed the United States full control over the developing countries of Central America.
• B) It mandated a total ban on the export of hazardous waste by developed nations.
• C) It implemented higher tariffs on exports that created greenhouse-gas emissions.
• D) It required a country to remove tax barriers when importing or exporting to a contingent nation.
• E) It eliminated anti-dumping policies on electronic devices.

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Definitions:

Ignore Present Value

A decision to not consider the current worth of future cash flows or payments, often applied in financial analysis.

Average Rate of Return

A financial ratio used to estimate the profitability of an investment, calculated as the net profit divided by the initial cost of investment.

Average Rate of Return

A method of assessing the profitability of an investment by dividing the average annual profit by the initial investment cost.

Average Investment

A calculation to assess the average amount of investment over a certain period, often used in evaluating the efficiency or profitability of an investment.