Economics 2281 · O Level · Market failure

Market failure — practice question

The graph displays total global carbon emissions in 1995 and the projected emissions for 2035. If the graph is accurate, what will have occurred by 2035?

  • AAfrica and the Middle East will have responsibility for the same amount of carbon emissions in 2035 as in 1995.
  • BBetween 1995 and 2035, the Middle East will have increased its industrialisation by as much as Latin America.
  • CBy 2035 the combined percentage of carbon emissions caused by Africa and Latin America will have doubled.
  • DThe US will have decreased its carbon emissions by a smaller percentage than Western Europe.

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