Economics · Environmental Policy Instruments
Match the externality types with appropriate policy instruments: List I 1. Negative production externality 2. Positive consumption externality 3. Common property resource overuse 4. Transboundary pollution List II P. Pigouvian Tax Q. Subsidy R. Tradeable Permits S. International Environmental Agreement
- 11-P, 2-Q, 3-R, 4-S✓
- 21-R, 2-S, 3-P, 4-Q
- 31-Q, 2-P, 3-S, 4-R
- 41-P, 2-R, 3-Q, 4-S
Correct answer
1-P, 2-Q, 3-R, 4-S
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