In the United States the opposition to ITQs was so strong that the fishing industry persuaded Congress

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In the United States the opposition to ITQs was so strong that the fishing industry persuaded Congress to outlaw them. In 1996, Congress passed the Sustainable Fishing Act that put a moratorium on ITQs that lasted until 2004. Since then, many U.S. fisheries have been managed by ITQs and have begun to see their benefits. ITQs are a success story.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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