Automobile Emissions Standards Are an Example of

question 71

Multiple Choice

Automobile emissions standards are an example of

• A)direct pollution controls.
• B)emissions taxes.
• C)tradable emissions standards.
• D)market power.
• E)a market-based environmental policy.

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Definitions:

Incidental Beneficiary

A third party that benefits from a contract between two other parties, despite not being an intended beneficiary.

Contract

A legally binding agreement between two or more parties that outlines mutual obligations.

Creditor

An individual or institution that lends money or extends credit to another, with the expectation of being repaid.

Donee

An individual or entity that receives a gift or donation.