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Suppose there are external costs associated with the production of cement. This means that government can best promote efficiency in the cement market by:
a. giving a tax break to cement manufacturers to induce higher production levels.
b. passing zoning restrictions to prevent cement plants from locating in residential neighborhoods.
c. protecting consumers from high prices using a subsidy.
d. negotiating trade agreements to increase export of this product and raise the demand.
as an international economist you have been asked to prepare a short speech which answers the following questionshow
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