The U.S.opposed the Kyoto Protocol in Part Because

question 31

Multiple Choice

The U.S.opposed the Kyoto Protocol in part because

• A) the U.S. is and has not been a significant contributor to greenhouse gas emissions.
• B) while the U.S. has contributed greatly to greenhouse gas emissions in the past, in recent years it has made substantial efforts in reducing these emissions.
• C) there is no scientific evidence whatsoever supporting a correlation between greenhouse emissions and climate change.
• D) atmospheric emission reductions could potentially harm the U.S. economy.
• E) no other industrialized country supports the Kyoto Protocol.

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Definitions:

Conversion Ratio

A ratio set at the time bonds are issued; determines the number of shares that can be exchanged for a bond.

Bond Rating

An evaluation made by credit rating agencies regarding the credit worthiness of a corporation's or government's debt issues, reflecting the likelihood of default.

Yield To Maturity

The total expected return on a bond if held to its maturity date, taking into account both interest payments and capital gains or losses.

Premium

The amount paid for an insurance policy or an additional amount above the nominal or face value of securities.