Which of the Following Events Did Not Occur Internationally in the Late

question 1

Multiple Choice

Which of the following events did not occur internationally in the late 1980s and early 1990s?

• A) The Philippines legislature voted to close two U.S. naval bases.
• B) The Kurds of Iraq successfully defied Saddam Hussein and established an independent state.
• C) Mikhail Gorbachev resigned from office, and the Soviet Union ceased to exist.
• D) Many former Soviet republics declared their independence.
• E) South Africa abandoned most of its apartheid policies.

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Definitions:

External Good

Often misinterpreted; should likely be "external good," relating to positive externalities, benefits received by those not directly involved in a transaction.

Nonrival-in-consumption

A property of a good whereby one person's consumption does not diminish the utility of that good for others.

Consumption

The process by which goods and services are used up by consumers, reflecting the end use of products and services in an economy.

Nonpaying Customers

Individuals or entities that receive goods or services without providing payment or compensation.