Identify the correct statement. Multiple Choice Freer trade in environmental services actually lowers environmental quality, especially in the developing countries. It is not easy to find cases where government policies that limit or distort trade result in environmental damage. Environmentalists often fear that free trade permits production to be shifted to countries that have lax environmental standards. There is sufficient evidence to prove that free trade simply promotes production and consumption of products that tend to cause large amounts of pollution.

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.