Emission Taxes Are Always Socially Efficient Because They Satisfy the Equimarginal

question 16

True/False

Emission taxes are always socially efficient because they satisfy the equimarginal principle.
Emission taxes are always cost effective because they satisfy the equimarginal principle.They are only socially efficient if they result in the socially efficient level of emissions.

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Definitions:

Glocalization

The practice of conducting business according to both local and global considerations, incorporating local adaptations into global strategies.

Local

pertains to practices, products, or activities that are specific to a particular area, community, or culture, often emphasizing small-scale and community-based operations.

Global Co-Exist

The concept of various cultures, nations, or global businesses working together in harmony or mutual respect.

Deterritorialization

The process by which social, cultural, or political boundaries become less relevant due to globalization and technological advancements.