Imposing the same standards on high- and low-income countries can be a problem because
A) it widens the market and lowers prices.
B) there are no economies of scale for low-income countries.
C) high-income countries have few environmental problems.
D) low-income countries may have less ability to enforce standards.
Correct Answer:
Verified
Q25: Harmonization of standards
A)can make it less costly
Q26: Explain how harmonization of standards might increase
Q27: Race to the bottom refers to which
Q28: Lower income countries may have more difficulties
Q29: Suppose two nations are seeking to expand
Q31: Discriminatory trade practices are allowed among sister
Q32: Low labor standards are usually associated with
A)nondemocratic
Q33: Harmonization of standards
A)is costly for high income
Q34: Low-income countries are largely responsible for excess
Q35: Explain the three options for setting standards
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