Answer to Question #229664 in Economics for Jennifer Masanabo

Question

1. Discuss the effects of global warming on the economy

2. Briefly explain the enforceability criteria for evaluating environmental policy. Apply it to the Tobacco Products Control Amendment Act, 12 of 1999, of South Africa.

3. Use the graph to explain whether an efficient level of emissions can be attained in two different regions for example an urban and a rural area

4. If the net benefits of a particular environmental policy were judged to be regressively distributed among different income groups, would this be sufficient to oppose the policy?

5. Explain the difference between “the national efficient level” for one country and the “global efficient level” for two countries (in bilateral agreements).

Answer 1

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