Participants must block the ability of market players from obtaining and leveraging a competitive advantage as a result of efforts to avoid environmental costs.

Question

Quizplus · Accepted Answer

This statement refers to the concept of "environmental dumping," where companies gain a competitive advantage by avoiding environmental costs (e.g. pollution control, waste disposal) and passing those costs onto society or the environment. Participants in this context likely refers to policymakers, regulators, and stakeholders in the business community who advocate for stricter environmental regulations and responsible environmental practices to level the playing field and prevent environmental dumping.

Participants Must Block the Ability of Market Players from Obtaining