In Which of the Following Situations Is the Political Process

question 3

Multiple Choice

In which of the following situations is the political process likely to result in the inefficient and wasteful use of resources?

• A) when the benefits are concentrated and the costs are concentrated
• B) when the benefits are concentrated and the costs widespread
• C) when the benefits are widespread and the costs are concentrated
• D) when the benefits are widespread and the costs are widespread

Differentiate between the concepts of international law and comparative law.

Recognize ethical considerations in international business and their variance across countries.

Identify the types and characteristics of legal systems globally.

Understand the legal processes related to the enforcement of U.S. court judgments internationally.

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Definitions:

Transportation Links

Physical and logistical network connections that facilitate the movement of goods, services, and people from one location to another.

Louisiana Purchase

The acquisition of the Louisiana territory by the United States from France in 1803, dramatically expanding the size of the nation.

Jefferson

Thomas Jefferson, the third President of the United States (1801–1809), principal author of the Declaration of Independence (1776), and one of the most influential Founding Fathers for his promotion of the ideals of republicanism in the United States.