Despite economists’ support of a market approach to environmental policy, the command and-control approach continues to dominate the policy of most nations. Why is this the case.

Q: The race to the bottom scenario of global environmental degradation is explained roughly like this:…

A: Global environmental: Assume that you're in charge of Choco Talk, a world-renowned chocolate…

Q: external scale economies leads to prices that are lower than the prices in only one of the trading…

A: The answer is as follows:-

Q: Market-oriented environmental tools try to provide a stronger incentive for individuals and firms to…

A: Market-oriented environmental tools: Environmental rules that are based on the market give…

Q: Why is free-riding in the context of international environmental agreements such a major problem?…

A: ANSWER STEP-1 Free rider issue is that the drawback, for international environmental agreements, as…

Q: What arguments do low-income countries make in international discussions of global environmental…

A: The global environmental cleanup discussion became serious when the global environment started to…

Q: What are ecosystem services? Give several examples. Describe ways in which some economists have…

A: The monetary value of an asset or service is the amount of money that would be received if it were…

Q: Compare and contrast the different approaches to environmental policymaking

A: Environmental policymaking The term environmental policymaking means to issue laws, policies or any…

Q: How does providing education to students provide external benefits to everyone in the community.

A: Externalities are the harmful or beneficial side effects arise out of production or consumption of…

Q: These refers to the full spectrum of natural resources that are most often negatively affected by…

A: Natural resource economics is concerned with the supply, demand, and allocation of natural resources…

Q: An analysis of the economic segment of the external environment would include all of the following…

A: The economic performance varies between the economies around the world. Some would be more developed…

Q: Why

A: Answer why! Because, If oil firms are permissible to drill on the refuge's sensitive solid ground,…

Q: Which type of country would be most likely to invest heavily in environmental protection? Group of…

A: The Gross Domestic Product (GDP) per capita refers to a measure of the total amount of money earned…

Q: What four main groups of arguments do nations use to justify protection for particular industries…

A: Trade is defined as the exchange of commodities and services across the boundary of the country.

Q: Paragraph 3: "Is Globalization leading to Environmental Sustanbility

A: Globalization refers to the opening up the borders of economies to make trade with each other to…

Q: Illustrate the potential economic and financial effects of climate change

A: A climate change is described as a change in the conditions such as rainfall and temperature in a…

Q: In an attempt to bring equity to the climate change agreement, the Framework Convention on Climate…

A: In an attempt to bring equity to the climate change agreement, the Framework Convention on Climate…

Q: Discuss if forests should be considered as global public goods or not

A: In economics, goods are categorized into four main types on the basis of certain features. These…

Q: What are the economic benefits of Hawaii's water pollution policy?

A: Water pollution is pollution that occurs when harmful substances mix in the water bodies.

Q: An external cost is: Select one: a. a cost paid by the consumer or the producer. b. the cost to…

A: External cost refer to the economic concept of uncompensated social or environmental effects. For…

Q: As the scale of economic activity has proceeded steadily upward over the years, the scope of…

A: The scale of economic activity has led to increased levels of greenhouse gas emissions, which in…

Q: In a valuable ocean fishery, how can well-crafted boundaries help create a manageableres communes…

A: Introduction Boundaries aid in the creation of more efficient work environments. Conflict,…

Q: It has been suggested that Australia has one of the highest per capita GHG emissions in the world.…

A: Water vapour, carbon dioxide, methane, nitrous oxide, ozone, and some man-made chemicals such as…

Q: Without environmental sustainability, economic stability and social cohesion cannot be achieved.…

A: Environmentallists have involved the term 'maintainability' trying to explain the ideal harmony…

Q: The comprehensive environmental laws adopted in the early 1970s in the U.S. have been referred to…

A: In early 1970s, the US implemented laws to control pollution emissions in the country to protect…

Q: Do you believe climate change should be addressed on a national and international level? Provide…

A: Yes, I you believe climate change should be addressed on a national and international level. The…

Q: do international organizations address the contrasting environmental views between the North and So

A: South-south countries have seen numerous economic crises, but north-south countries have…

Q: Summarize how the first, second, and third waves of environmental policy in U.S. history differed…

A: During 17-18th centuries, the first phase of environmental regulation emerged. Environmental rules…

Q: Economists describe human-induced climate change as an ‘externality’ What does this mean and how is…

A: An externality can be either positive or negative. If due to some action the people benefitted from…

Q: Compare and contrast the three major approaches to environmental policy: lawsuits,…

A: Environmental economics is the study of the economics of environmental protection and the economic…

Q: Barbary macaques are the only population of wild monkeys that remain in Europe. a. Barbary macaques…

A: Barbary macaques are subject to the : b."tragedy of the commons" According to Wikipedia , The…

Q: In the presence of external costs, untaxed or unregulated production is said to…

A: With external cost, the marginal social cost (MSC) cost is higher than marginal private cost (MPC)…

Q: Old Environmental Kuznets Curve New Environmental Kuznets Curve Per Capita Income Pollution

A: : According to the environmental Kuznets curve, economic expansion initially causes environmental…

Q: Determine whether the examples below represent non-rival or non-excludable products: A. Both B.…

A: non rival and non excludable are the two main characteristics  of PUBLIC goods . non rival means the…

Q: In what ways does poverty lead to environmental degradation? In what way are the poor victims?…

A: The poverty is the state where people are having lack of income to support their livelihood in such…

Q: Why do low-income countries like Brazil, Egypt, or Vietnam have lower environmental standards than…

A: As per the World Bank, a low-income economy has a GDP per capita which is less than or equal to…

Q: Name two countries, other than Canada, that are globally important sources of forest products. What…

A: A forest product is any product obtained from forestry for direct consumption or commercial use such…

Q: Good that are non-excludable and no-rival in nature are known as ___________.

A: Rival good: The term "availability" relates to how many individuals can benefit from a product. A…

Q: What are the types of market failures that occur in the case of addressing climate change, explain!

A: Market failure is a theory that describes what happens when a free market's distribution of goods…

Q: Why is free-riding in the context of international environmental agreements such a major problem?

A: International environmental agreements are treaties negotiated, signed, and legal by individual…

Q: Recycling is a relatively inexpensive solution to much of the environmental contamination from…

A: As recycling increases to maximum levels, the marginal benefit of recycling will fall. This is…