In a short essay, identify and discuss three major challenges in environmental and resource economics that are relevant in the context of the Pacific Island Economies. Marking Guide and Structure: Students should discuss a maximum of 3 challenges. Each challenge is worth 6 marks. 1 mark for the introduction and 1 mark for the conclusion. [5 - 6 Mark] The student has sourced the argument(s) from the provided source, evaluated the argument critically, and discussed the link/relationship in detail using relevant examples and statistics from relevant economies in the Pacific region. The arguments are well-constructed, wellwritten, and make sense from a policy analysis perspective.