The moderator speaks:

$$We have time for one more question from this side of the audience.$$

Another audience member asks:

$$Has globalization really affected the environment of developing countries positively? I feel environmental hazards pose a huge threat to the developing world.$$

What would be your best response?

Select an option from the choices below and click Submit.

Environmental hazards are only one possible hazard in the developing world. You also need to consider political risk, although that can be difficult to predict.

Globalization has resulted in the implementation of universal environmental laws. When everyone follows the same standard, we know that we will protect the environment while encouraging responsible growth.

Globalization has increased awareness about environmental issues among people, which has made companies more socially responsible for their actions.