Bluefin tuna is very popular; however, its supply is being reduced through global overfishing and pollution. Therefore U.S. placed it on its watch list. Their observations indicated that many fisherman currently fish more than the legal quota. This excess overfishing may require official protection if unable to police fishing and preserve habitats. Based on Bluefin tuna case answer the following three questions: Why is the price of Bluefin tuna skyrocketing? Explain your answer

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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  • Bluefin tuna is very popular; however, its supply is being reduced through global overfishing and pollution. Therefore U.S. placed it on its watch list. Their observations indicated that many fisherman currently fish more than the legal quota. This excess overfishing may require official protection if unable to police fishing and preserve habitats. Based on Bluefin tuna case answer the following three questions:
  1. Why is the price of Bluefin tuna skyrocketing? Explain your answer 

 

 

  1. Why might the U.S. be reluctant to place the Bluefin tuna on the endangered species list? Explain your answer 

 

 

  1. What are some of the consequences of acting too slowly or too quickly in their assessment? Explain your answer 
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