Market-oriented economists favor the use of _____ to solve the global warming problem.

Question

Quizplus · Accepted Answer

Market-oriented economists generally favor mechanisms that utilize market forces to address environmental issues. Taxes on emissions (B) create a direct cost for polluting, incentivizing reductions in emissions. Tradable rights (C), or cap-and-trade systems, establish a market for emission permits, allowing for efficient reductions in pollution where it costs the least. Both of these approaches harness market mechanisms to achieve environmental goals.

Market-Oriented Economists Favor the Use of _____ to Solve the Global