A production or consumption quota that can be bought or sold is called:
A)a tradable allowance.
B)a buyers' or sellers' quota.
C)a tax.
D)a subsidy.

Question

Quizplus · Accepted Answer

A production or consumption quota that can be bought or sold is called a tradable allowance. This allows companies that can easily reduce their emissions to sell their unused allowance to companies that find it difficult to reduce their emissions. Tradable allowances encourage firms to reduce emissions in the most efficient way possible.

A Production or Consumption Quota That Can Be Bought or Sold