The U.S.opposed the Kyoto Protocol in Part Because

question 31

Multiple Choice

The U.S.opposed the Kyoto Protocol in part because

• A) the U.S. is and has not been a significant contributor to greenhouse gas emissions.
• B) while the U.S. has contributed greatly to greenhouse gas emissions in the past, in recent years it has made substantial efforts in reducing these emissions.
• C) there is no scientific evidence whatsoever supporting a correlation between greenhouse emissions and climate change.
• D) atmospheric emission reductions could potentially harm the U.S. economy.
• E) no other industrialized country supports the Kyoto Protocol.

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Definitions:

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive, essentially a measure of producer benefit.

Demand Curve

A graph that shows the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Supply Curve

A graphical representation showing the relationship between the price of a good and the amount of it that suppliers are willing to produce.

Actual Price

The price at which goods or services are sold in the market, as opposed to theoretical or listed prices.