The EPA's system of tradable allowances:
A) was unable to internalize the external costs of pollution.
B) actually lead to increased levels of pollution.
C) was moderately successful in helping to decrease pollution levels.
D) is a successful application of the Coase theorem.

Question

Quizplus · Accepted Answer

The Answer of The EPA's system of tradable allowances:
A) was unable to internalize the external costs of pollution.
B) actually lead to increased levels of pollution.
C) was moderately successful in helping to decrease pollution levels.
D) is a successful application of the Coase theorem.

The EPA's System of Tradable Allowances