Which of the Following Arguments Do Critics Use to Suggest

question 111

Multiple Choice

Which of the following arguments do critics use to suggest that globalization is a contributing factor to an increase in pollution?

• A)Globalization results in a decrease in the amount of activity that takes place in companies that do not have adequate pollution control technology.
• B)Globalization has caused local governments to relax their existing environmental regulations.
• C)Firms from advanced nations move their manufacturing facilities to countries that have less stringent or no pollution controls to avoid the cost of regulation.
• D)Globalization shifts the focus of companies from pollution controls and environmental regulations to the challenges of managing their complex business structure.

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Definitions:

Final Products

Goods and services that have completed the production process and are intended for final consumption or investment.

Value Added Approach

This is a method for calculating GDP that sums the values added at each stage of production, avoiding the double-counting of intermediate goods.

Calculating GDP

The process of estimating the total monetary value of all finished goods and services produced within a country's borders in a specific time period.

Double Counting

The mistake of counting the same item or transaction more than once when calculating economic indicators, leading to inaccuracies.