2.4k views
3 votes
The United States and the international standard-setting environment are primarily driven by meeting the needs of

A) investors and creditors.
B) tax authorities.
C) central government planners.
D) academic researchers.

User Ross Ridge
by
7.1k points

1 Answer

5 votes

Final answer:

The focus of the U.S. and international standards environment is directed toward meeting the needs of investors and creditors, integral for U.S. foreign direct investments and ensuring regulation that accommodates high-income trading partners with similar environmental standards.

Step-by-step explanation:

The United States and the international standard-setting environment prioritize the needs of investors and creditors. This focus is essential for U.S. investors looking to make foreign direct investments in other countries and for U.S. tourists visiting other nations. Additionally, member state governments depend on established international trade rules, which are crafted to facilitate trade and protect the interests of stakeholders across high-income countries. Concerns regarding environmental standards and the 'race to the bottom' are particularly relevant in trade with low-income countries. However, in high-income regions, such as many European countries, these concerns are less pressing due to their stricter environmental regulations in comparison to the U.S. This nuanced approach to international standards reflects the goals of U.S. foreign policy, which include national safety, market access, and human rights protections.

User Hjalmar Z
by
7.2k points