Exam 21: Economic Development and the Environment

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Developing countries are mainly concerned with water and air pollution in their own countries. Pressing concernsinclude

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D

Sustainability is defined as a practice that

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C

In the simplest terms possible, the total impact of people on environmental resources can be expressed as

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A

Refer to the figure above. Curve A represents the trade-off between market goods and environmental quality in a developed country. Curve B represents the same in a less-developed country. In order for both firms to achieve the same level of marketed output (c1), Country can attain ________ levels of environmental quality.

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Community resilience is defined as the ability

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When a positive discount factor is used, the discounted value of long-run environmental damage contributes to _______.

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Improving environmental quality will cause the production possibilities curve for less-developed countries to

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One of the issues of measuring benefits in developing countries is that the willingness to pay requires

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Developed countries should focus on _________ in supporting developing countries environmental initiatives.

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When developing environmental policy for developing economies, there is a critical need to

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Because developing countries typically have lower GDPs per capita than developed countries, it becomes especially important for their environmental policies to be cost-effective. This statement would support

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An example of a type of policy that creates distortions in local economies is government subsidies for pesticide use by farmers. The distortion effects include

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The lack of management of common-property externalities is often a property rights problem caused by the lack of __________ that assigns individual or small-group property rights.

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Open access resources promote a __________ situation.

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Refer to the figure above. When emphasizing the trade-off depicted in the PPC graph above, the fact that the environmental goods and GDP can be _______ goods is ignored.

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National Adaption Plans (NAPs) set by the Paris Agreement identify

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As peoples' incomes ________, they are more likely to sacrifice for a/an ________ environmental quality.

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Some of the most egregious cases of environmental damage in developing countries are projects that had direct involvement from

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For many environmental problems, population exposure is likely

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Climate change impacts on low-lying, coastal areas include

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