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IB Economics Unit 2.5: Microeconomics - Market Failure (id: c8e9c1424)

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admin 发表于 2024-7-27 01:39:19 | 显示全部楼层 |阅读模式
本题目来源于试卷: IB Economics Unit 2.5: Microeconomics - Market Failure,类别为 IB经济学

[单选题]
Cocoa farmers in the hh9 - ge ; ek(c:zrbd3d5n*dqhrypoth nxr. 7nss2er m-a.q;c*mg li2etical country of Chocolattia face extreme poverty, earning less than a dollar a day. Deforestation caused b.. n2sl*rrm ga7ie -qsx2mnc;y cocoa production poses environmental risks, with around 40%
of land dedicated to cocoa, resulting in the loss of native forests. Supply chain transparency is lacking, including issues of drug trafficking and child slavery.
Referring to the scenario above, which of the following statements are true?

I. The native forests are a common pool resource and the deforestation is a corresponding tragedy of the commons
II. The poverty of farmers, deforestation, drug trafficking and child slavery are all examples of market failure
III. Cocoa is a demerit good generating negative externalities of consumption

A. I and II only
B. I and III only
C. II and III only
D. III only


参考答案:  A


本题详细解析:
A

Statement I is correct: forests are a common pool resource and deforestation is the corresponding tragedy of the commons.

Statement II is correct: the production of cocoa is failing to allocate resources in Chocolattia adequately as evidenced by the presence of poverty, deforestation, drug trafficking and child slavery.

Statement III is incorrect: demerit goods generate negative externalities of consumption, and in the context of this scenario it is the production of cocoa that is generating negative externalities, not its consumption.

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