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1. Separate standards refers to A) the elimination of tariffs and quotas by trad

ID: 1153992 • Letter: 1

Question

1. Separate standards refers to A) the elimination of tariffs and quotas by trading partners. B) common product safety, environment, labor, and fair competition standards agreed upon by trading partners. C) the acceptance of a trading partner's standards as valid and sufficient by another trading D) standards held by different trading partners which other partners refuse to recognize. 2. When the evolution of new technologies is unknown, or it is unclear which country has the "best" rules for standards, the adoption of A) a harmonization of standards B) separate standards C) mutual recognition standards D) larger country standards is the superior option. 3. The race-to-the-bottom concept described in the text refers to A) the situation in which countries with high standards are forced to lower their standards or face the loss of jobs and industry B) the situation in which human rights are not respected by trading countries. C) adopting the standards of a few selected middle-income and high-income countries. D) the use of low per-capita income as a means of comparing the well-being of individuals. 4. Countries that compete by offering foreign firms a reduced set of environmental compliance requirements are known as A) transboundary members. B) pollution havens. C) pollutants. D) pollution exporters.

Explanation / Answer

Ans1) D is the correct option. separate standards held by different trading partners which other partners refuse to recognize.

Ans2) C is the correct option. Mutual recognition standards.

Ans3) A is the correct option. the situation in which countries with high standards are forced to lower their standards or face the loss of jobs and industry.

Ans4) B is the correct option. Pollution havens