Examlex
Match each statement with the correct item below:
-high expectations
Tradable Permits
Tradable permits are environmental policy instruments that allow companies or entities to buy or sell allowances to emit a certain amount of pollutants, aiming to reduce overall emissions efficiently.
Exclusive Licenses
Agreements granting one party alone the right to sell, produce, or use intellectual property or product.
Tradable Permits
Government-issued rights or allowances that permit the holder to emit a certain amount of a substance; can be bought, sold, or traded.
Common Resource
A resource like air or water that is not owned by anyone, but is available for use by everyone, often leading to overuse and depletion.
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