Author Question: Why would a new limit on trade in goods with the United States by Canada be more important to the ... (Read 76 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
Why would a new limit on trade in goods with the United States by Canada be more important to the U.S. economy than the same type of policy in Italy?
 a. Canadians speak English so U.S. citizens are more interested in what they do.
  b. Canada has greater natural resource access than the U.S.
 c. Canada is one of the U.S.' largest trading partners.
 d. Canada uses the U.S. dollar as an official currency.

Question 2

Factory A can reduce emissions at a cost of 400 per ton. Factory B can reduce emissions at a cost of 100 per ton. In a system in which the government issues transferable pollution right at a price of 200 per ton:
 a. Factory A can profit from selling its pollution rights to Factory B.
  b. Neither firm can profit from selling its pollution rights to the other.
  c. Factory B can profit from selling its pollution rights to Factory A.
  d. Both firms have an incentive to sell pollution rights.



CourtneyCNorton

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library