One of China's Current Strategies to Deal with Its Water

question 35

Multiple Choice

One of China's current strategies to deal with its water shortage is to

• A)illegally tap water resources of neighboring nations.
• B)import more water intensive crops from the U.S. ,which has more water.
• C)develop the technology for seeding clouds to produce more rain.
• D)ask rural farmers to exploit and decontaminate deep underground aquifers.

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Definitions:

Incentive Obstacles

Challenges or barriers that prevent the effective use of incentives to motivate or encourage desired behaviors.

Market Power

The ability of a company or entity to influence the price and terms of products or services in a market, often due to its size, influence, or share of the market.

Two-Part Tariffs

A pricing strategy that includes a fixed fee plus a variable fee based on usage or consumption.

Volume Discounts

Price reductions given to customers who buy in large quantities, aimed at encouraging bulk purchases.