Which of the Following Is TRUE of the European Union's

question 22

Multiple Choice

Which of the following is TRUE of the European Union's cap-and-trade program?

• A) Firms are taxed based on the their pollution levels.
• B) Firms are forced to shut down when they exceed their pollution limits.
• C) Governments subsidize firms to develop devices to reduce pollution.
• D) Firms can trade pollution permits to meet their pollution limits.

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