Transferable permits allow emission reduction to be achieved
A) without any impact on the industrial sector, just as a standard would.
B) without any impact on the industrial sector, just as fees would.
C) at the lowest possible cost.
D) with firms monitoring each other, rather than having the government do the monitoring.
E) Both C and D are true.
C
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Indicate whether the statement is true or false
What is the proper characterization of the European Union (EU), and what is its primary accomplishment?
A. The EU is a regional trade bloc which controls the money supply in each member country. B. The EU is a trade treaty that provides a forum where member countries can resolve their trade disputes. C. The EU is a trading cooperative that protects member countries from unfair trade tactics by non-member countries. D. The EU is a regional trade agreement that has eliminated most trade barriers among member countries.
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A) increase; increase B) increase; decrease C) decrease; increase D) decrease; decrease E) not change; increase