Examlex
Provide the product for the following reaction.
Individual Transferable Quotas
Regulatory tools that limit the volume of resources, such as fish, that an individual or company is authorized to catch or harvest.
Enforceable
Capable of being imposed or upheld by law or rule, ensuring compliance or obedience.
ITQs
ITQs, or Individual Transferable Quotas, are regulatory tools used in fisheries management, allowing for the control of total harvest quantities while allocating specific portions to individuals or entities.
Pacific Halibut
Pacific Halibut refers to a species of flatfish that is commonly found in the North Pacific Ocean, highly valued for commercial and recreational fishing.
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