The Total Allowable Catch (TAC) System Differs from the Individual

question 275

Multiple Choice

The total allowable catch (TAC) system differs from the individual transferable quota (ITQ) system in that

• A) TAC limits the total harvest of fish, while ITQ does not.
• B) ITQ limits an individual fishery's harvest, but TAC does not.
• C) TAC prevents an "individual arms race" among fisheries, whereas ITQ does not.
• D) ITQ does not offer significant cost-saving benefits, but TAC does.

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