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1. Species that have reached the extinction threshold and are on the verge of extinction - beluga whales, African elephants, mountain gorillas and the California condor might be classified as nonrenewable resources and once they disappear, there will be no regeneration. Does the market create appropriate incentives to ensure that extinction will not occur? If yes explain. If no, what can be done to ensure that extinction will not occur?
2. Oil is an exhaustible resource. The Organization of Petroleum Exporting Countries (OPEC) is a group of oil producing countries that had formed a cartel for the supply of oil
A) Which countries are involved in the cartel?
B) Explain how the cartel works.
C) What are the implications of oil production by non-OPEC members on the effectiveness of the cartel
D) Can the cartel lead to efficient extraction of oil? Explain
E) How does the cartel affect the marginal user cost?
F) Can OPEC be used as a good example of the extraction of an exhaustible resource? Explain
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EXPORT DECLARATION FORMS : All exports to which the requirement of declaration applies must be declared on appropriate forms. These forms are as follows: GR form (in duplicate)
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How can i get the art behind the questions in VALS questionnaire ? or Where can I find the S.R.I categorization?
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