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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Definitions:

Piaget

A Swiss psychologist known for his pioneering work in child development, specifically for his theory of cognitive development that describes how children develop intellectual abilities.

Accommodation

A concept in psychology referring to the process of adjusting one’s schemas to incorporate new experiences.

Equilibration

The process in developmental psychology where individuals balance assimilation and accommodation to create stable understanding.

Postconventional

A stage in Kohlberg's theory of moral development where individuals base their moral judgments on principles that transcend societal and legal norms, focusing on universal ethical principles.