The Montreal Protocol _______________

question 23

Multiple Choice

The Montreal Protocol _______________.

• A)is an example of a failed attempt to reduce international air pollution
• B)addressed transnational movement of acid- forming pollutants
• C)developed the international treaty for eliminating radon emissions from nuclear power plants
• D)resulted in significant reduction in the production of CFCs by signatory nations
• E)developed the framework for reduction of carbon dioxide in the United States and Canada

---

Definitions:

Spillovers

Refers to the impact that an economic activity has on unrelated third parties, which can be either positive or negative.

Marginal Cost

The financial outlay required to produce one more unit of a product or service.

Public Good

A good that is non-excludable and non-rivalrous, meaning it can be used by many people without depleting its availability to others.

Private Goods

Goods that are both excludable and rival in consumption, meaning only paying customers can use them and one person's use diminishes others' ability to use them.