Why does India argue that the demand for reduction of greenhouse gasses by developed countries is hypocritical?

What will be an ideal response?


India points out that the world's rich economies used the environment in destructive ways in order to reach their current levels of high income. Asking middle-income countries such as India and China to make sacrifices in energy consumption and GDP growth for the sake of future generations is, in their view, somewhat hypocritical. Better, India argues, for the world's rich countries to make sacrifices, particularly since they generated the majority of greenhouse gases.

Economics

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Using the table above, for which of the following levels of employment does the average product of labor exceed the marginal product of labor at Decent Donuts?

A) ten workers B) seven workers C) both of the above D) neither of the above

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The concave shape of the production possibilities frontier reflects

a. the law of comparative advantage b. the law of absolute advantage c. the law of increasing opportunity cost d. the simplifying assumption of scarce resources e. productive inefficiency

Economics

Economic growth solves the problem of scarcity

a. True b. False Indicate whether the statement is true or false

Economics

Price cannot fall so low that some sellers choose to supply a quantity of zero

a. True b. False Indicate whether the statement is true or false

Economics