If Two Countries Are Economically Identical Except That There Is

question 117

Multiple Choice

If two countries are economically identical except that there is significant air and water pollution in one, then the level of GDP:

• A)will be higher in the country with pollution.
• B)will be higher in the country with no pollution.
• C)will be the same in both countries.
• D)will be greater than the level of economic well-being in each country.

---

Definitions:

Dramatic Change

A significant alteration in the operations, strategy, or environment of an individual, group, or organization.

HR Triad

A rephrased definition: Represents the essential elements of human resources management including strategy execution, workforce advocacy, and organizational change facilitation.

Open Markets

Economic systems or environments characterized by free trade, with minimal governmental restrictions on business operations and transactions.

Globalization

Refers to the process of deeper integration and interaction among people, companies, and governments worldwide, primarily due to advances in communication and trade.