Description
Many environmentalists recognize the BP oil spill in the Gulf of Mexico as the
worst oil spill in U.S. history. The spill severely damaged the gulf ecosystems,
commercial fisheries and caused hundreds of people to get sick. Many people have
argued that this problem could have been prevented with stronger regulations on
the oil industry.
Suggest at least two (2) reasons the government should or should not regulate
the trading of derivatives. Provide a rationale for your suggestions.
Explanation & Answer
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