How Did President Clinton Appease Critics of Globalization in 2000

question 21

Multiple Choice

How did President Clinton appease critics of globalization in 2000?

• A) He outlined the benefits that would come to Americans with the growth of the telecommunications and computer industries.
• B) He agreed to provide poor nations with debt relief and a greater voice in decisions about loans and grants.
• C) He promoted a national boycott of Nike,the Gap,and other companies that made use of sweatshop labor around the world.
• D) He signed an executive order requiring an environmental impact review before signing any new trade agreement.

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Definitions:

Nonrival

A characteristic of a good or service where one person's use does not diminish its availability to others.

Marginal Cost

The increase in total production cost that arises from producing one additional unit of a good or service.

Public Good

A product or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Nonexcludable

A characteristic of a good where it is not possible to prevent individuals from accessing or consuming the good.