In the long run, individual transferable quotas ______ the fishing catch in New Zealand.
A) decreased
B) did not affect
C) increased
D) had an indeterminate effect upon

Question

Quizplus · Accepted Answer

Individual transferable quotas (ITQs) were introduced in New Zealand in the 1980s to address overfishing. The quota system allowed for a cap on the total amount of fish that could be caught and fished. The fishing industry initially opposed the system, but over time it has led to an increase in the fishing catch in New Zealand. This is because ITQs provide incentives for fishermen to fish sustainably and to conserve fish stocks for future years. By allocating a quota to each fisherman or fishing company, it promotes a more efficient use of resources and reduces overfishing.

In the Long Run, Individual Transferable Quotas ______ the Fishing