Which of the following is an example of an externality associated with the global shipping industry?

Question

Answer

Fast and efficient global shipping allows companies to reach a larger customer base.

Answer

Shipping generates greenhouse gas emissions, contributing to global climate change.

Answer

Fuel for container ships is a cost to the shipping companies.

Answer

Shipping generates income for the employees of the shipping companies.

Answer

None of these are externalities.

Crowdly