The race to the bottom scenario of global environmental degradation is explained

Question

The race to the bottom scenario of global environmental degradation is explained roughly like this: A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits. B. Companies seek to reduce their costs of operation on plant and equipment design and this results in higher levels of pollution. C. Companies seek the lowest market prices on products in order to gain market share, resulting in inferior goods and increased waste and pollution. D. Companies seek to influence environmental legislation standards to the lowest possible standards in the U.S. in order to maximize profits.
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Question 20 of 20 0.5 Points It is sometimes argued that a nation should not depend too heavily on other countries for supplies of certain key products. This argument is commonly known as the: A. buy-American argument. B. anti-dumping argument. C. national interest argument.
D. self-sufficiency argument. The race to the bottom scenario of global environmental degradation is explained roughly like this: A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits. B. Companies seek to reduce their costs of operation on plant and equipment design and this results in higher levels of pollution. C. Companies seek the lowest market prices on products in order to gain market share, resulting in inferior goods and increased waste and pollution. D. Companies seek to influence environmental legislation standards to the lowest possible standards in the U.S. in order to maximize profits.
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A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits. B. Companies seek to reduce their costs of operation on plant and equipment design and this results in higher levels of pollution. C. Companies seek the lowest market prices on products in order to gain market share, resulting in inferior goods and increased waste and pollution. D. Companies seek to influence environmental legislation standards to the lowest possible standards in the U.S. in order to maximize profits.
It is sometimes argued that a nation should not depend too heavily on other countries for supplies of certain key products. This argument is commonly known as the: A. buy-American argument. B. anti-dumping argument. C. national interest argument.
D. self-sufficiency argument. A. buy-American argument. B. anti-dumping argument. C. national interest argument.
D. self-sufficiency argument. The race to the bottom scenario of global environmental degradation is explained roughly like this: A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits. B. Companies seek to reduce their costs of operation on plant and equipment design and this results in higher levels of pollution. C. Companies seek the lowest market prices on products in order to gain market share, resulting in inferior goods and increased waste and pollution. D. Companies seek to influence environmental legislation standards to the lowest possible standards in the U.S. in order to maximize profits.
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Question 20 of 20 0.5 Points It is sometimes argued that a nation should not depend too heavily on other countries for supplies of certain key products. This argument is commonly known as the: A. buy-American argument. B. anti-dumping argument. C. national interest argument.
D. self-sufficiency argument.

Explanation / Answer

The Correct answer is option(A)

Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.

The Correct answer is option(D)

Self-sufficiency argument-

The view that a country is better off providing for its own needs than depending on imports. It may be based on fear that war or foreign governments will interrupt imports.

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