Which of the Following Is NOT a Commonly Made Argument

question 241

Multiple Choice

Which of the following is NOT a commonly made argument regarding the impact of globalization on environmental protection?

• A) As globalization improves economic prosperity in other countries,they will become stricter in their regulations.
• B) Firms have an incentive to locate production where environmental laws are lax.
• C) The major trade agreements do not address environmental protection.
• D) A country may use environmental concerns as an excuse to engage in trade protectionism.

---

Definitions:

Economic Organization

The structured system of production, distribution, and consumption of goods and services within a society or economy.

Base Year

A reference year against which economic growth, inflation, and other economic indicators are measured to assess changes over time.

A W Phillips

An economist known for the Phillips Curve, which suggests an inverse relationship between unemployment and inflation rates.

Unemployment Rate

The quota of the working-age population that is without a job and searching for one.