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Ques Ques Ques Question 21 1.67 pts One claim that trade barrier proponents use to enforce environmental standards is that Ti
Question 22 1.67 pts A current account deficit implies that > N secondary income is positive. the financial account is negati
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Question 24 1.67 pts If all government budgets are balanced, and S is greater than I, then Time Rur Attempt du 2 Hours, the n
Question 25 1.67 pts The international investment position of the United States is negative. This means that Time Run Attempt
nments les Question 26 1.67 pts A firm that buys foreign exchange in order to take advantage of higher foreign interest rates
Question 27 1.67 pts All else equal, if Canada raises its interest rates, Time Rur Attempt du 2 Hours, O the Canadian supply
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Question 29 Question Question Question Question 1.67 pts Dumping occurs when a firm . Time Running: Hi Attempt due: Dec 12 a
Question 30 Ques Ques Ques 1.67 pts U.S. opponents of NAFTA argued that the agreement will hurt the United States. In their v
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Answer #1

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21.

Correct option: (b) High standards in industrialized nations motivates some firms to export pollution to developing countries by relocating their dirty industries

Reason: Proponents of trade barriers claim that high environmental standards motivate firms to export pollution or polluting industries to other developing nations. This helps the countries to not only reduce pollution but also without losing income or business revenue. Thus, it is good to impose environmental standards.

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