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Textbook Site for:
Fundamentals of Economics , Second Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
U.S. Policy and Global Warming


Read Dale W. Jorgenson's testimony before the Senate Committee on Environment and Public Works on "The Economics of Climate Change."

Questions

  1. Why is it desirable that the proposed policy be implemented through international treaties?
  2. Is there an incentive for countries, particularly smaller, less developed economies, to be "free riders?"
  3. What is the advantage of using internationally tradeable permits rather than fixed standards?





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