Final answer:
The agreement for water rights between Texas and Oklahoma is an example of an interstate compact, which manages shared resources across state borders.
Step-by-step explanation:
The agreement between the state of Texas and the state of Oklahoma regarding water rights to the Red River and other water sources is an example of an interstate compact. Interstate compacts are agreements between two or more states that are consented to by Congress, allowing the states to work together to manage shared resources, such as water from rivers that flow across state boundaries. The collaboration between Texas and Oklahoma serves as a means to address concerns over water distribution and management, ensuring that each state has access to the necessary water supply from shared water resources like the Red River or the High Plains aquifer, which spans several states, including Kansas, Nebraska, New Mexico, Oklahoma, South Dakota, Texas, and Wyoming.
The arrangement where one state pays another state for water rights, such as Texas paying Oklahoma for water rights to the Red River, is an example of an interstate compact. Interstate compacts are agreements between two or more states that address shared concerns or manage resources that cross state boundaries. In this case, the compact involves the sharing and usage of water resources between Texas and Oklahoma, demonstrating a cooperative agreement between the two states. Interstate compacts are subject to approval by the involved states and, in some cases, require congressional consent.