Answer the following statement(s) true (T) or false (F)
1. Matters of equity are explicitly integrated into the decision rules that govern benefit-cost analysis.
2. The first U.S. president to explicitly include the efficiency criterion in the regulatory review process was President Clinton.
3. President Reagan was the only U.S. president to support the use of economic criteria in policy decision making.
4. According to the text application on the UK Climate Change Act, the Impact Assessment presented for this policy when proposed, gave benefit and cost estimates of the proposed regulation up to 2050.
1. False
2. False
3. False
4. True
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Many spokespersons of African countries complain that the U.S. and other developed countries heavily subsidize cotton. What is the reason for their discontent and what argument are they making with respect to their own economic development?
What will be an ideal response?
Which of the following is true of sub-Saharan Africa?
What will be an ideal response?