Limitation of Logging in the Amazon Region Is Generally Viewed

question 80

Multiple Choice

Limitation of logging in the Amazon region is generally viewed as environmentally beneficial for the planet as a whole; however, unemployed Brazilian workers have felt that job creation inside Brazil is more important than climate protection outside Brazil.This example best illustrates which of the following?

• A)why smaller countries are concerned that large international companies are powerful enough to dictate operating terms
• B)why globalization is needed to foster uniform standards for combating environmental problems
• C)how cultural homogeneity threatens the cultural foundation of smaller nations
• D)how global interests can conflict with a country's local interests

---

Definitions:

Laissez Faire

An ideology that supports a capitalist market economy free from regulatory oversight by the government.

Basic Questions

Basic Questions in economics typically refer to the fundamental queries about what to produce, how to produce, and for whom to produce, guiding allocation of resources.

Market Failure

A scenario where the distribution of goods and services through a free market fails to achieve efficiency, typically resulting in a decrease in overall social welfare.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone without diminishing availability to others, such as public parks and street lighting.