Which of the Following Was Not a Result or Outcome

question 33

Multiple Choice

Which of the following was not a result or outcome from the Durban meeting in late 2011?

• A) All the important questions relating to resolving climate change and global warming were deferred until the future.
• B) The countries present agreed to set binding commitments by 2015 on greenhouse gas emissions.
• C) The negotiation partners agreed to extend the Kyoto Protocol beyond 2012.
• D) China agreed to limit greenhouse gases, but the United States balked at having to do so.

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Definitions:

Foreign Exchange Rate

The rate at which one currency can be swapped for a different currency.

International Customer

A customer residing in a different country than the one where the seller's business operates, often requiring considerations for shipping, customs, and currency exchange.

Fiscal Year

A one-year period used for accounting and financial reporting purposes, which may not align with the calendar year.

Foreign Exchange Gain

Profit arising from fluctuations in exchange rates which increase the value of foreign currency-denominated assets.