Problem
1. If Europe were to act unilaterally in imposing a carbon tax to reduce emissions of CO2, how successful would that strategy be in preventing global warming? In what sense is the earth's atmosphere a common property resource?
2. Why does making border tax adjustments according to the destination principle avoid giving a competitive advantage to countries that impose high value-added taxes?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.