Which of the Following Statements Is True of the International

question 14

Multiple Choice

Which of the following statements is true of the International Court of Justice?

• A) It is the executive branch of the United Nations (UN) that helps interpret international law.
• B) It only hears cases of nations, and not of individuals and businesses.
• C) It does not have the authority to hear cases involving treaties and the UN Charter.
• D) It is headed by the secretary-general of the United Nations.

Analyze the impact of external costs on market outcomes and the role of government in internalizing such costs.

Understand the principle of marginal analysis in the context of common resource use and market failure.

Recognize the economic rationale behind charging congestion fees and other similar mechanisms to mitigate negative externalities.

Determine the efficient level of production and consumption in the presence of external costs and benefits.

---

Definitions:

Alzheimer's Disease

A progressive neurodegenerative disease that destroys memory and other important mental functions.

Geropsychologist

A psychologist who specializes in the mental health, emotional, and cognitive challenges of the aging population.

Elderly

Refers to individuals, typically aged 65 and older, who are in the later stage of life and often experience changes in health and social roles.

Elderly

Pertaining to individuals who are significantly beyond the average age of retirement, typically considered to be 65 years and older.