Which of the Following Describes an Impact of Globalization on the Environment

question 1

Multiple Choice

Which of the following describes an impact of globalization on the environment?

• A)Globalization can create a race to the bottom,as polluting countries relocate to places without strict environmental standards.
• B)As international barriers fall,multinational corporations have an incentive to consider the cost of natural resources.
• C)Globalization allows multinationals to reap the resources of developing countries for short-term profit.
• D)All of these answers are correct.

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Definitions:

Future Value

The value of an investment or loan at a specified future date, taking into account factors like interest rates and compounding frequency.

Compounded Annually

A process where interest is calculated once a year on the principal amount, including any interest from previous periods, leading to compound growth.

Monthly Deposits

Regular payments or investments made into a financial account or savings plan once a month.

Lump Sum

A significant amount of money that is paid in one single payment instead of multiple payments.