An energy exporting country stands to gain
A) under a cap and trade system if the supply of crude is kept below the level achieved with a price on emissions.
B) under a cap and trade system if the supply of crude is kept over the level achieved with a price on emissions.
C) under a carbon tax system if the supply of crude is kept below the level achieved with a price on emissions.
D) under a carbon tax system if the supply of crude is kept over the level achieved with a price on emissions.
Answer: A
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What will be an ideal response?
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What will be an ideal response?