The Total Allowable Catch (TAC)system Differs from the Individual Transferable

The total allowable catch (TAC) system differs from the individual transferable quota (ITQ) system in that

A) TAC limits the total harvest of fish, while ITQ does not.
B) ITQ limits an individual fishery's harvest, but TAC does not.
C) TAC prevents an "individual arms race" among fisheries, whereas ITQ does not.
D) ITQ does not offer significant cost-saving benefits, but TAC does.

Correct Answer:

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