Which of the Following Is NOT a Guideline Offered by Richard

question 56

Multiple Choice

Which of the following is NOT a guideline offered by Richard DeGeorge?

• A)Seek an economic profit without breaking local laws
• B)Respect the human rights of your employees
• C)Produce more good than harm for the host country
• D)Do no intentional harm

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Definitions:

Government Regulation

refers to laws, rules, or directives imposed by government bodies to regulate and control the activities of businesses and individuals within an economy.

Conservation

The prevention of wasteful use of resources, or the protection and preservation of the natural environment, heritage, or culture.

Resource Economists

Specialists who study the allocation, utilization, and conservation of natural resources from an economic perspective.

Price Elasticities

measures the responsiveness of the quantity demanded or supplied of a good to a change in its price.