Environmental Economics 4th Canadian Edition By Barry C Field Test Bank
| ISBN-13: | 9780070893108 (978-0-07-089310-8) |
| ISBN-10: | 0070893101 (0-07-089310-1) |
| 1. | A(n) ________ in the economic world is something that leads people to channel their production and consumption efforts in a specific direction.
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| 2. | Any economic system will produce destructive environmental impacts if the ________ within the system are not structured to avoid them.
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| 3. | A small coastal community with the power to control access to its scallop fishery is an example of ________.
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| 4. | A common pasture on which anyone is allowed to freely graze sheep or cattle is an example of ________.
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| 5. | The ________ level of pollution can be negotiated privately based on property rights when only a few parties are involved and the source, amount and type of pollution is clearly identifiable.
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| 6. | When you enjoy the view of your neighbour’s prize-winning garden, this is an example of ________.
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| 7. | When we drive our cars, we get the ________ of transportation services, while others experience the detrimental effects such as pollution and congestion which environmental economists refer to as a(n) ________.
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