Author Question: Why would a new limit on trade in goods with the United States by Canada be more important to the ... (Read 77 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 highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

For a complete list of videos, visit our video library