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Author Question: If the Kyoto Protocol requires developed countries to reduce emissions of greenhouse gases, but ... (Read 151 times)

tth

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on: Jun 30, 2018
If the Kyoto Protocol requires developed countries to reduce emissions of greenhouse gases, but developing countries are not required to do so, why might a developed country still agree? Should it?
 
  What will be an ideal response?

Question 2

Which of the following is an argument in favor of the liberalization?
 
  (a) Increased technical efficiency.
  (b) Accelerated technical progress.
  (c) Decreased shortages of foreign exchange.
  (d) All of the above.
  (e) both (a) and (b) are correct.


Shshxj

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Reply #1 on: Jun 30, 2018
Answer to Question 1

This is meant to be a speculative question, but allows students to discuss externalities, free riders, and the issue of cost/benefit analysis. The student can still answer yes or no to the final question.

Answer to Question 2

D


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