Which of the Following Is an Example of an International

question 30

Multiple Choice

Which of the following is an example of an international externality, in which production (or consumption) activities in one country impose external costs on other countries?

• A)Transborder pollution
• B)Persistent dumping
• C)Free riding
• D)Moral hazard

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Definitions:

Education

The process of receiving or giving systematic instruction, especially at a school or university.

Productivity

The measure of how efficiently production inputs, like labor and capital, are being used to produce a given level of output.

Compensating Differential

Additional wages or benefits offered to employees to offset unpleasant aspects of a job or workplace conditions.

Nonmonetary Characteristics

Features or attributes of goods, services, or job positions that do not have a direct monetary value or financial aspect.