If Global Warming Began to Cause Random World-Wide Damage to Crops,insurance

question 39

Multiple Choice

If global warming began to cause random world-wide damage to crops,insurance companies

• A) would insure against specific crop failures.
• B) would not insure against specific crop failures.
• C) would be indifferent between insuring or not.
• D) would find themselves facing prosecution for ignoring the problem for so long.

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Definitions:

Local Industries

Economic activities or sectors focused on producing goods or services predominantly catered to the domestic or regional market.

Export Promotion

A strategy or policy aimed at encouraging the sale of goods and services to foreign countries to boost the exporting country's economic base.

Manufacture Goods

Products that have been processed or transformed from raw materials into finished goods ready for sale.

MDG Concerns

Pertains to issues or matters that directly impact the progress or achievement of the Millennium Development Goals, which are a set of eight global development targets.