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A Major Study of the Effectiveness of the PSA (Payment

question 39

Essay

A major study of the effectiveness of the PSA (Payment for Environmental Services)program in
Costa Rica determined that ________________.
A)the program was counterproductive because deforestation continued unchecked even after landowners signed up for the program
B)deforestation rates had already been dropping before the program was started
C)the program was extremely effective,and deforestation rates began to decline as soon as the program was instituted
D)the program was initiated too late for the forests of Costa Rica to recover
E)deforestation rates began to decline as an immediate result of the program,but farmers quickly removed their land from the program and reverted to their prior deforestation practices once they were paid


Definitions:

Revocation

The official cancellation or withdrawal of an offer, agreement, or license, rendering it null and void.

Communicated

The act of conveying, transmitting, or exchanging information or ideas through various means.

Traditional Contract Rules

The conventional principles and laws applied in the formation, interpretation, and enforcement of contracts.

Internet Transactions

Commercial or financial transactions conducted electronically on the internet.

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