Explain how the following two market-based incentives: Pollution fees and Marketable Permits provide a market based solution to Pollution in the U. S. Is this issue growing in importance? Why?

Please respond to ONE of the following questions:

Question A

Problem 6 in the “Problems to Ponder” section at the end of chapter 26 asks about import protection. Please respond to the question and provide some examples of the costs and benefits of each form of protection. Discuss.

Question B

Explain how the following two market-based incentives: Pollution fees and Marketable Permits provide a market based solution to Pollution in the U. S. Is this issue growing in importance? Why?