Direct controls have a clear advantage when a total ban is necessary.
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Q17: Externalities can create a threat to environmental
Q18: Externalities are benefits or damages conferred upon
Q19: Cap-and-trade programs limit pollution by selling firms
Q20: Centrally planned economies like China produce relatively
Q21: Direct controls often require long legal proceedings
Q23: Voluntary programs are dependable ways to protect
Q24: Direct controls may be a more expensive
Q25: New discoveries of lead, zinc, and copper
Q26: One advantage of emissions permits is that
Q27: Direct controls are considered inefficient because all
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