Because U.S. laws tightly regulate the disposal of toxic materials from the thousands of electronic devices discarded each year, some companies have contracted with companies in China and other countries to dispose of these products. Unfortunately, the lack of regulation in these countries has resulted in unsafe disposal practices, creating toxic waste areas where drinking water and soil are no longer safe. This situation illustrates the concept of:
A) Comparative advantage
B) Social dumping
C) International degradation
D) Competitive advantage

Question

Quizplus · Accepted Answer

The situation described is an example of social dumping, which refers to companies taking advantage of less-regulated countries to engage in practices that would not be acceptable in their home country. In this case, companies are exporting the problem of toxic waste disposal to countries where they can get away with unsafe practices.

Because US