Which of the Following Is True Regarding Problems Faced by Cross-Border

question 21

Multiple Choice

Which of the following is true regarding problems faced by cross-border corporate power?

• A) International law strongly addresses the social impacts of business.
• B) Transnational corporations are subject to uneven regulation in developing nations.
• C) Strict regulations ensure that corporations are made directly accountable for social harms.
• D) International law has strongly codified norms protecting commercial rights,human rights,and other social resources.

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Definitions:

Inferior Good

A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.

Income Elasticity

A measure of how much the demand for a good or service changes with a change in consumers' income, indicating the nature of the good as either a necessity or a luxury.

Hybrid Cars

Vehicles powered by a combination of an internal combustion engine and one or more electric motors, using less fuel than conventional cars.

Normal Good

A type of good for which demand increases as the income of the consumer increases, showing a direct relationship between income and demand.