This topic contains a solution. Click here to go to the answer

Author Question: Other nations had tried economic union in the past, and since adopting a common currency had shown ... (Read 70 times)

mia

  • Hero Member
  • *****
  • Posts: 564
Other nations had tried economic union in the past, and since adopting a common currency had shown economic benefits for them, the nations of Europe decided to try it too.
 
  Indicate whether the statement is true or false

Question 2

Is there one optimal environmental standard for the entire world? If not, how might using trade barriers to enforce country-specific environmental standards reduce overall well-being?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

apple

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

FALSE

Answer to Question 2

No; because differences in income and preferences make the ideal standards vary by country. Budgets and regulatory efforts are not unlimited, and the pressing problems and environmental resources that need protection are not the same. Countries will likely have different priorities. If one nation tries to impose its standards on another, this may actually reduce global well-being. If resources and opportunities are different, so are the opportunity costs. One answer doesn't fit all.




mia

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Excellent


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library