Individual Transferable Quotas (ITQs) Have Been Shown to

question 114

Multiple Choice

Individual transferable quotas (ITQs) have been shown to

• A) increase the value of fisheries but reduce the safety of fishers as the season is shortened.
• B) end overfishing by making the use of efficient technology illegal.
• C) increase the safety of fishing but not the value to consumers of the product.
• D) increase the value to consumers of the product and raise the price received by fishers.

---

Definitions:

International Fisher Effect

A theory stating that the difference in nominal interest rates between two countries is equal to the expected change in exchange rates.

Expected Percentage Change

An estimation of the degree to which a specific variable such as price, cost, or investment value is anticipated to vary over a certain period.

Interest Rates

The percentage of a loan that is applied as interest for the borrower, usually shown as an annual percentage of the remaining loan amount.

Uncovered Interest Parity

A theory in economics that posits the difference in interest rates across two countries will match the anticipated shift in exchange rates between their currencies.