Globalization has scale effects that arise from the expansion of economic activity.These scale effects are positive because
A) rising incomes make the cost of environment protection less desirable.
B) as incomes rise, the greater demand for energy will make older sources of energy no longer cost effective.
C) as the scale of economic activity expands, waste generation will increase.
D) the diffusion of improved environmental technology will automatically accompany greater trade and foreign investment.
E) greater pollution is a small price to pay for greater convenience and cheaper consumption.

Question

Quizplus · Accepted Answer

The Answer of Globalization has scale effects that arise from the expansion of economic activity.These scale effects are positive because
A) rising incomes make the cost of environment protection less desirable.
B) as incomes rise, the greater demand for energy will make older sources of energy no longer cost effective.
C) as the scale of economic activity expands, waste generation will increase.
D) the diffusion of improved environmental technology will automatically accompany greater trade and foreign investment.
E) greater pollution is a small price to pay for greater convenience and cheaper consumption.

Globalization Has Scale Effects That Arise from the Expansion of Economic