With Large Natural Diamond Deposits, South Africa Is Famous for Its

question 129

Multiple Choice

With large natural diamond deposits, South Africa is famous for its diamond exports. The international demand for diamonds for industrial and other purposes such as jewelry has led to the production of synthetic diamonds by other countries such as the United States. Which answer best describes the concept highlighted in this scenario?

• A) International cooperation has reduced over the years.
• B) Consumers prefer synthetic diamonds to natural ones.
• C) Prices provide incentives for sellers.
• D) Markets are no longer linked together.

---

Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

Promise

A declaration or assurance that one will do a particular thing or that guarantees a particular outcome.

Chapter 13 Bankruptcy

A type of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts under court oversight and protection.

Bankruptcy Judge

A judicial officer who presides over court proceedings related to bankruptcy cases, including the resolution of claims and distribution of assets.