The graph above represents a bilateral transboundary pollutant and the economics of reaching an agreement between...
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The graph above represents a bilateral transboundary pollutant and the economics of reaching an agreement between two countries, Country A and Country B. MD+ represents total damages of A and B. Answer the following discussion questions: 1. Question 1: How could one interpret the amount calculated by (MDT-MDA)? 2. Question 2: In your opinion, what point would Country A regard as efficient level of emissions without regard to the externalities it produces in Country B? Explain your answer. 3. Question 3: In your opinion, what point would Country A regard as efficient level of emissions with regard to the externalities it produces in Country B? 4. Question 4: How would you find the added abatement costs for Country A to consider damages it causes in Country B and produce at the globally efficient level of emissions? 5. Question 5: How could you assess the total reduction in damages when Country A considers damages it causes in Country B and produces at the globally efficient level of emissions? 6. Question 6: What is the total reduction in damages accruing directly to Country A when it considers the damages it causes in Country B and produces at the globally efficient level of emissions? GA MACA a b ez e, Emissions of Country A MD₁ MDA The graph above represents a bilateral transboundary pollutant and the economics of reaching an agreement between two countries, Country A and Country B. MD+ represents total damages of A and B. Answer the following discussion questions: 1. Question 1: How could one interpret the amount calculated by (MDT-MDA)? 2. Question 2: In your opinion, what point would Country A regard as efficient level of emissions without regard to the externalities it produces in Country B? Explain your answer. 3. Question 3: In your opinion, what point would Country A regard as efficient level of emissions with regard to the externalities it produces in Country B? 4. Question 4: How would you find the added abatement costs for Country A to consider damages it causes in Country B and produce at the globally efficient level of emissions? 5. Question 5: How could you assess the total reduction in damages when Country A considers damages it causes in Country B and produces at the globally efficient level of emissions? 6. Question 6: What is the total reduction in damages accruing directly to Country A when it considers the damages it causes in Country B and produces at the globally efficient level of emissions? GA MACA a b ez e, Emissions of Country A MD₁ MDA
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