Answer:
Amsterdam Treaty
Explanation:
The Amsterdam Treaty was signed on 2 October 1997 according to which the Member States decided to engage in broad policy and institutional changes. The Treaty authorized member states to increase certain powers from national governments to the European Parliament, covering diverse issues like legislating on foreign and security policy, adopting civil and criminal laws and immigration laws. It paved the way for implementing institutional changes to accommodate its expansion because of the new member nations joining the EU.
Answer:
gfthhkigvddr4thk yufnib uTVck
Buddhism is a religion and the buda is there idol or God
People problem, duh learn in college maybe you should pay attention
Answer:
d. in the case of trivial or zero transaction costs, the property rights assignment does not matter to the resource-allocative outcome.
Explanation:
The Coase Theorem states a solution to Externalities problem. The theorem states that if externality effects are trade-able at low transaction costs, bargaining will establish optimal output, irrespective of which party has property rights.
Eg : Wind Turbines generate noise negative externality. However, noise spectrum has no property rights definition. The spectrum considered anybody's property right (turbine owners or public). It would lead to establishment of optimal output
- Continued turbine operation : if benefit value > noise harm by it
- Inefficient turbine operation (discouraged) : if benefit value < noise harm by it
The optimality decision would stay same, based on above norms. It would be irrespective of noise spectrum property rights ownership (by turbine owners or public), if transaction costs are low.
