Assignment #11.pdf - Assignment#11 1 Which of the following...

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Assignment #11 1. Which of the following environmental problems are largely caused by persistent poverty? a. Deforestationb. Soil erosionc. Ground water contaminationd. All of the above 2. A major cause of environmental degradation in developing countries is 3. A resource that is publicly owned and allocated under a system of unrestricted access isknown as 4. Which of the following is an argument in favor of trade liberalization? 4. Explain the situation of the free rider problem. The free-rider problem is an economic issue that is considered an example of market failure. This occurs when most, not all people work together to achieve a collective goal that benefits everyone’s lives. The downside is that people who do not work towards this goal also get to reap the benefits of the other’s work.

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