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New Zealand's Individual Transfer Quotas

Question 164

Multiple Choice

New Zealand's individual transfer quotas:
I. work by limiting the amount of fish that each individual fisherman can fish.
II. resulted in reduced fish catches after they were established.
III. work just like the tradable pollution allowances in the United States.


A) I only
B) I and III only
C) III only
D) I, II, and III

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