All of the Following Were Key Elements of the Treaty

question 71

Multiple Choice

All of the following were key elements of the Treaty of Versailles except

• A) France regained Alsace and Lorraine.
• B) Allied troops would occupy the Rhineland for 15 years.​
• C) the creation of the League of Nations.
• D) reparations had to be completely paid by 1935.
• E) The German navy and air force limited.

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Definitions:

Tradable Emissions Permits

Licenses to emit limited quantities of pollutants that can be bought and sold by polluters.

Pollution Permits

Licenses that allow entities to emit a specific amount of pollutants into the environment, often traded in markets.

Emissions Tax

A tax that depends on the amount of pollution a firm produces.

Marginal Social Cost

The additional cost to society as a whole from producing one more unit of a good or service.