Which of the Following Policies Has Succeeded in Reducing Fishery

question 232

Multiple Choice

Which of the following policies has succeeded in reducing fishery catch sizes without creating an "arms race" among fishers?

• A) limiting the length of the catch season
• B) limiting the number of boats allowed in a given area
• C) limiting catch size (TAC)
• D) issuing individual transferable quotas (ITQs)

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Definitions:

Time Constraints

The limitations on the amount of time available to complete a task or project.

Budget Constraints

Financial limitations that restrict the amount of money available for spending and investment.

Product Launch

The introduction of a new product to the market, involving activities designed to promote and sell the product.

Product Development

The process of creating or improving a product or service to meet market demands or take advantage of new opportunities.