Policy responses that try to deal with market failure resulting from externalities are largely restricted to various forms of taxation.

Name: Policy responses that try to deal with market failure resulting from externalities are largely restricted to various forms of taxation.
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Question

Quizplus · Accepted Answer

Policy responses to externalities include a range of tools such as subsidies, regulations, tradable permits, and voluntary agreements, in addition to taxation.

Policy Responses That Try to Deal with Market Failure Resulting