Economics 0455 · IGCSE · Market failure

Market failure — practice question

The chart displays total world carbon emissions in $1995$ and the emissions forecast for $2035$. If the chart is accurate, what will have occurred by $2035$?

  • AAfrica will emit the least carbon.
  • BChina will cause about a third of the emissions of all developing areas shown.
  • CDeveloped areas will have reduced their absolute amount of carbon emissions.
  • DThe US will have decreased its carbon emissions by a smaller percentage than Western Europe.

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