Recent content by gizzy98

You are a commodity trader and receive an order*for 40,000MT rice to be shipped to*Indonesia.*You charter a bulk carrier and ship the rice.*The ship arrives in Indonesia but there is a strike by harbor workers, so the ship has demurrage and waits at the port two weeks until the strike is...

1. Once tradable pollution permits have been allocated to firms, a the government controls the price of permits. b. firms that can reduce pollution only at high cost will be willing to pay the most for the pollution permits. c. the value of pollution-saving technology will be lower than the...