In countries like Botswana and Zimbabwe, local villages have been given property rights over local elephants with the result that elephant populations:
A. have been decimated as villagers try to maximize short-run profit.
B. have grown as villagers have protected the elephants to support their tourist industry.
C. have grown exponentially, with adverse environmental impacts.
D. are in serious decline as ivory prices have risen.
Answer: B
Economics
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