Examlex

Solved

The Term That Best Describes the Process of Wherein Governments

question 7

Multiple Choice

The term that best describes the process of wherein governments and multinational corporations agree that wise resource management and equitable distribution of benefits from the process of economic development is in everyone's best interest is called:


Definitions:

Causation

The act or process whereby one event, process, or state (a cause) leads to the production of another event, process, or state (an effect).

Positive Economic Statement

A statement that can be proved or disproved by reference to facts.

Normative Economic Statement

A subjective statement that expresses an opinion or a value judgment about what ought to be, rather than what is.

Can Be Verified

Indicates that a certain piece of information, claim, or data can be checked and confirmed for accuracy or truthfulness.

Related Questions