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assignments 12.3 the benefits and costs of u.s. environmental laws inte…

Question

assignments
12.3 the benefits and costs of u.s. environmental laws internati
issues and the tradeoff between economic output and environm
current objective
understand the role of the paris climate agreement in addressing international externalitie
question
which of the following are considered international externalities?
select all that apply:
☐ threats to biodiversity around the world
☐ global warming
☐ property rights
☐ pollution tax

Explanation:

Brief Explanations
  • Threats to biodiversity around the world: Biodiversity loss affects multiple countries and ecosystems globally. Species extinction or habitat destruction in one region can have ripple - effects on other regions (e.g., loss of pollinators that could impact agriculture in multiple countries).
  • Global warming: It is a classic international externality. Greenhouse gas emissions from one country contribute to global temperature rise, which affects all countries (e.g., rising sea levels threaten low - lying nations regardless of their own emission levels).
  • Property rights: Property rights are more of a domestic or private - law concept within a country's legal framework. They do not inherently represent an international externality.
  • Pollution tax: A pollution tax is a domestic policy tool (imposed by a single country or a group within a country) to internalize pollution costs. It is not an international externality itself, but rather a measure to address domestic or local pollution (in some cases, if coordinated internationally, it could be part of a solution to an international externality like trans - boundary pollution, but the tax itself is not the externality).

Answer:

threats to biodiversity around the world, global warming