Globalization Has Scale Effects That Arise from the Expansion of Economic

question 28

Multiple Choice

Globalization has scale effects that arise from the expansion of economic activity.These scale effects are positive because

• A) rising incomes make the cost of environment protection less desirable.
• B) as incomes rise, the greater demand for energy will make older sources of energy no longer cost effective.
• C) as the scale of economic activity expands, waste generation will increase.
• D) the diffusion of improved environmental technology will automatically accompany greater trade and foreign investment.
• E) greater pollution is a small price to pay for greater convenience and cheaper consumption.

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Definitions:

Common Law

The traditional unwritten law of England, based on custom and usage, which began to develop over a thousand years before the founding of the United States. Today, almost all common law has been enacted into statutes with modern variations by all the states except Louisiana, which is still influenced by the Napoleonic Code. In some states, the principles of common law are so basic they are applied without reference to statute.

Distributive Justice

The ethical concept concerning the fair distribution of resources among members of a society.

Earned

Acquired or deserved as a result of effort or action.

Deserve

refers to having earned or being worthy of a specific outcome or treatment due to one's actions or qualities.