DP Economics

Test builder »

Question SPM.1.HL.TZ0.1b

Select a Test
Date May specimen first teaching 2021 Marks available [Maximum mark: 15] Reference code SPM.1.HL.TZ0.1b
Level HL Paper 1 Time zone TZ0
Command term Evaluate Question number b Adapted from N/A
b.
[Maximum mark: 15]
SPM.1.HL.TZ0.1b
(b)

Using real-world examples, evaluate different approaches to managing common access resources.

[15]

Markscheme

Answers may include:

  • Definition: common access resources.
  • Explanation: of different government approaches to this problem, legislation and regulation, collective self-governance, tradable permits, carbon taxes and international agreements.
  • Diagram: showing negative production externalities.
  • Synthesis (evaluate): the strengths and limitations of the above policies in addressing the problems of managing common access resources.
  • Examples: a real-world common access resource and policies used by governments eg Antarctic Treaty System, Nile Agreement etc.

N.B. It should be noted that definitions, theory and examples that have already been given in part (a), and then referred to in part (b), should be rewarded.

Syllabus sections