When investment occurs in developing nations

A) investors hope to gain significant returns on their investment and residents gain higher rates of economic growth.
B) higher rates of economic growth are usually not achieved.
C) significant levels of pollution usually occur.
D) government politicians usually benefit from the illegal payments made to secure the investment.

A

Economics

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A cartel is an agreement

A) among firms to flood the market and eliminate competition. B) among firms to steal industrial processes from rival firms. C) among firms to decrease output and raise price. D) by the government to restrict imports.

Economics

The marginal benefit of pollution abatement is represented by

A) an upward sloping curve. B) a downward sloping curve. C) a horizontal curve. D) a vertical curve.

Economics