The Total Allowable Catch (TAC) System Differs from the Individual

question 275

Multiple Choice

The total allowable catch (TAC) system differs from the individual transferable quota (ITQ) system in that

• A) TAC limits the total harvest of fish, while ITQ does not.
• B) ITQ limits an individual fishery's harvest, but TAC does not.
• C) TAC prevents an "individual arms race" among fisheries, whereas ITQ does not.
• D) ITQ does not offer significant cost-saving benefits, but TAC does.

---

Definitions:

Unemployed Workers

Unemployed workers are individuals actively seeking employment but are unable to find work, forming part of the labor force.

Unemployment Insurance

A program run by the government that offers monetary support to people who are unemployed due to reasons beyond their control.

Labor Force

The total number of people aged 16 and over who are either employed or actively seeking employment.

Civilian Non-Institutional Population

Individuals 16 years of age and older residing in the country who are not in the military or institutions such as prisons and mental hospitals, representing potential participants in the labor force.