Emission permits allow producers to pollute a specified amount

The figure above shows that the U.S. net ________ surplus from the tariff is ________

A) loss of; $30 million per year B) gain in; $20 million per year C) loss of; $10 million per year D) gain in; $55 million per year E) gain in; zero

Refer to Figure 22-5. Based on the "catch-up line" drawn above, poorer countries are more likely to be at a point like ________, where growth in GDP is relatively ________, while richer countries are more likely to be at a point like ________, w

growth in GDP is relatively ________. A) B; high; A; low B) B; low; A; high C) A; high; B; low D) A; low; B; high