3You must use ONE WHITE answer sheet per question as per the number supplied. To provide an answer that exceeds the space on the answer sheet, please raise your hand to request a YELLOW answer sheet.Answer TWO questions.
1.Explain whethe ran unregulated competitive market is compatible with zero pollution.[50%]
2.Is open access to harvesting of fish resources desirable for the purpose of conservation?[50%]
3.State and discuss the empirical significance of Hotelling’s rule in the optimal useof non-renewable resources.[50%]
4.Explain if common,but differentiated,responsibilities are key to sustainability. [50%]