For the UK public investment in flood defences is easier than investing in reducing greenhouse gas emissions because (A) The lobby of agri-business has more political clout than that of car manufacturers  (B) Flooding is a more frequent problem than heatwaves  (C) Foreigners cannot free-ride on UK flood defences (D) Insurance companies increase house insurance premiums after floods

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter16: Country Risk Analysis
Section: Chapter Questions
Problem 1BIC
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For the UK public investment in flood defences is easier than investing in reducing greenhouse gas emissions because

(A) The lobby of agri-business has more political clout than that of car manufacturers 

(B) Flooding is a more frequent problem than heatwaves 

(C) Foreigners cannot free-ride on UK flood defences

(D) Insurance companies increase house insurance premiums after floods

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