The Kyoto Protocol Has Several Weaknesses,including

question 26

Multiple Choice

The Kyoto Protocol has several weaknesses,including:

• A)a weak goal of 5.2% reduction in emissions.
• B)the fact that the MDCs were able to successfully lobby for "flexibility loopholes."
• C)the fact that it allowed for emissions trading among countries.
• D)all of the above
• E)none of the above

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Definitions:

Competitive Rate

A pricing strategy often used by businesses to match or beat the prices offered by competitors in the market.

Short Run

A period in economics where at least one factor of production is fixed and cannot be altered.

Inputs

Resources such as labor, materials, and capital used in the production process to create goods or services.