Multiple Choice
Individual transferable quotas (ITQs) are like a ________, allowing ________.
A) subsidy; the internal benefit of fishing to be externalized
B) corrective tax; fishermen a tax write-off for capital purchases
C) pollution permit; fishermen the right to catch a limited number of fish
D) cartel; fisherman to raise market prices by limiting competition
Correct Answer:

Verified
Correct Answer:
Verified
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