The Vienna Convention and the Montreal Protocol Are Related to Which

question 56

Multiple Choice

The Vienna Convention and the Montreal Protocol are related to which issue?

• A)Whaling
• B)Ozone depletion
• C)Climate change
• D)Oil dumping in open waters

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Definitions:

Comparative Advantage

The ability of a country or individual to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade.

Tariffs

Taxes on imported goods and services, imposed to raise revenue and/or protect domestic industries from foreign competition.

Import Quotas

Government-imposed limits on the volume of specific goods that can be imported, aimed at protecting domestic producers by controlling market supply.

Globalization

The integration of national economies into a worldwide economy.