If a good imported from abroad creates significant pollution (a negative externality), then the market price of the good is considered to be too _______ and the importing country should set ________ tariffs. A) high; high B) low; high C) low; no D) high; no

If a good imported from abroad creates significant pollution (a negative externality), then the market price of the good is considered to be too _ and the importing country should set __ tariffs. A) high; high B) low; high C) low; no D) high; no

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter16: Government Spends, Collects, And Owes

Section: Chapter Questions

Problem 15AA

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