Environmental Economics 4th Canadian Edition by Barry C Field – Test Bank

In modern times, it is important to understand environmental economics. The test bank for the book “Environmental Economics 4th Canadian Edition by Barry C Field” is a resource designed for students to assist them with their comprehension and knowledge application context and use. You may use this test bank in order to enrich your studies and revise for the exams more accurately.

Key Topics Covered

The test bank is designed in a way that captures fundamental topics that are determinants of a good understanding of environmental economics. Some of the key areas include:

• Economic Principles and the Environment: Learn how economic theories apply to environmental issues.
• Market Failures and Externalities: Learn about the reasons for market failure and how to overcome those failures.
• Valuation of Environmental Goods: Studying resources without a market price and attempting to set up a valuation scheme for them.
• Policy Instruments for Environmental Regulation: Nature established certain policy instruments for managing and regulating environmental resources.
• Sustainable Development: Focus on how economic development can be achieved without harming the environment.

Benefits of Using the Test Bank

This test bank possesses quite a number of advantages:

• Comprehensive Coverage: It has a lot of questions that encompass every possible aspect belonging to the subject matter of the textbook.
• Variety of Question Types: Multiple-choice, true/false, essay and lots of other types of questions will assist you to prepare for a number of examination styles.
• Improved Comprehension: Enhanced explanations assist in comprehending more difficult topics.
• Effective Revision Aid: Concentrate learning in the areas that require more attention to save time and resources.

Instructions on Test Bank Employment

For maximum efficiency with this test bank, please follow the instructions below:

1. Study the Appropriate Chapter: Commence the learning process with the appropriate chapter in the textbook.
2. Try the Bank Questions: Try the questions that are provided in the test bank to assess your knowledge.
3. Confirm the Solutions: Make use of the answers provided to cross check your work and explain your errors.
4. Revisit Tests and Revise: Review the lessons that cover the weak topics in order to gain knowledge on such topics.

Summary

The “Environmental Economics 4th Canadian Edition by Barry C Field – Test Bank” is highly beneficial for seekers who are looking forward to enhance their performance in school. They assist you to gain more knowledge by offering a better structure of questions to be prepared for exams. Get this test bank to expand your knowledge and performance in the area of environmental economics.

Environmental Economics 4th Canadian Edition by Barry C Field – Test Bank

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Student: ___________________________________________________________________________

1.	A(n) ________ in the economic world is something that leads people to channel their production and consumption efforts in a specific direction. A.  moral obligation B.  economic incentive C.  property right D.  ethical motive

2.	Any economic system will produce destructive environmental impacts if the ________ within the system are not structured to avoid them. A.  ethics B.  prices C.  property rights D.  incentives

3.	A small coastal community with the power to control access to its scallop fishery is an example of ________. A.  common property rights B.  private property rights C.  an open access resource D.  a positive externality

4.	A common pasture on which anyone is allowed to freely graze sheep or cattle is an example of ________. A.  private property rights B.  an open access resource C.  common property rights D.  community property rights

5.	The ________ level of pollution can be negotiated privately based on property rights when only a few parties are involved and the source, amount and type of pollution is clearly identifiable. A.  cost-effective B.  zero-emissions C.  fair D.  socially efficient