Match List - I with List - II.

List - I

List - II

(A) 

Coase theorem

(I)

Property right, victim's pay and polluter pay principle

(B)

Climate change

(II)

Lax environmental regulation, hidden subsidy

(C)

Ecological dumping

(III)

Quantity restriction

(D)

Tradable emission permit

(IV)

Global externality

 
Choose the correct answer from the options given below: 

1
(A) - (III), (B) - (IV), (C) - (II), (D) - (I)
2
(A) - (I), (B) - (IV), (C) - (II), (D) - (III)
3
(A) - (II), (B) - (I), (C) - (III), (D) - (IV)
4
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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