Only 1 percent of the world supply of water is fit for human consumption. Some places have
Question:
a. What is the major problem in achieving an efficient use of the world’s water?
b. If there were a global market in water, like there is in oil, how do you think the market would be organized?
c. Would a free world market in water achieve an efficient use of the world’s water resources? Explain why or why not.
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