Which of the Following Is a Reason That Those Who

question 52

Multiple Choice

Which of the following is a reason that those who would be negatively affected by tighter environmental restrictions so often defeat these policies?

• A)Those negatively affected by regulations vastly outnumber those who benefit from them.
• B)Groups who would benefit from environmental protection are directly compensated for its absence through bargaining.
• C)Existing industries have more supporters that they can mobilize compared to industries that are developing more environmentally friendly technologies.
• D)The majority of citizens sympathize with the affected industries and pressure governments to avoid environmental regulations.

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Definitions:

Inflation

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

Legal System

The comprehensive system of rules and principles, typically enforced through a set of institutions, governing a society and controlling its activities.

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for preparing financial statements.

IASB

The International Accounting Standards Board, an independent group responsible for setting and enforcing global accounting standards known as International Financial Reporting Standards (IFRS).