Globalization May Be Good for the World's Environment Because

question 153

Multiple Choice

Globalization may be good for the world's environment because

• A) protectionism leads to a "race to the bottom."
• B) as incomes rise, the demand for environmental protection increases.
• C) poorer countries have a more natural concern about the health of the environment.
• D) multinational corporations are trying to create a world government that will enforce strict environmental controls.

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Definitions:

Profitability

A measure of the efficiency and financial success of a company, typically evaluated through ratios such as net profit margin or return on investment.

Required Reserves

The portion of deposits that banks are required to keep on hand and cannot lend out, typically mandated by a central bank.

Total Assets

The sum of all assets owned by an entity, including cash, investments, property, and other valuables, used to assess financial health.

Excess Reserves

The capital reserves held by banks over and above the minimum required by regulators, available for lending or investing.