Question Description
Part A – worth 50% You must answer the Part A question. It is worth 50% of your over-all exam mark. The text of your answer must be 750 words or less. QUESTION ONE In this course, we discussed the vulnerability of the following scarce resources: the atmosphere; water; and farmland. What are the challenges in devising effective governance structures for the management and protection of these resources? Be sure to discuss the significance of incentives and trade-offs.
Part B – worth 50% (25 + 25=50) Choose any two out of the three Questions in Part B. Each answer is worth 25% of your total test mark. The text of each of your Part B answers must be 500 words or less. QUESTION TWO In this course we discussed the concept of externalities. Give examples of externalities discussed and their impact on environmental policy and protection.
QUESTION THREE What is the role and impact of property rights in environmental policy? Be sure to give examples.
QUESTION FOUR Why did the government of Ontario create a Greenbelt?