Individual Transferable Quotas (ITQs) Are Like a ________, Allowing ________

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) permit; fishermen the right to catch a limited number of fish
D) cartel; fisherman to raise market prices by limiting competition