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The World Bank Established the MIGA to Eliminate the Practice

question 63

True/False

The World Bank established the MIGA to eliminate the practice of dumping.


Definitions:

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like.

Positive Economics

The branch of economics that concerns the description and explanation of economic phenomena.

Consequences

The outcomes or effects that stem from a particular action or decision, which can be intended or unintended and positive or negative.

Stability

The condition of an economy characterized by constant or predictable levels of growth, inflation, and employment.

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