Canada Has Opposed Recognition of Water as a Basic Human

question 56

Multiple Choice

Canada has opposed recognition of water as a basic human right because ________.

• A) of concerns that Canadian sovereignty over its own water is ambiguous under NAFTA
• B) of the limited inclusion of other basic necessities in the Universal Declaration of Human Rights
• C) of the decreased liability related to many small communities under boil-water advisories
• D) the Canadian government already believes it has a moral duty to share water with less water-rich areas

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Definitions:

Arbitrage Opportunity

A situation where a trader can profit from differences in price of the same asset in different markets by simultaneously buying and selling it.

Profit

The financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Risk-free Rate

The theoretical return on investment with no risk of financial loss, often represented by the yield on government securities.