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Significant tax on the sale of plastic containers

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Utopia is a small country that relies on tourism for the majority of its foreign earnings. A recent environmental study found that plastic waste was a senous threat to the environment of Utopia. The usage of plastic containers and bags by foreign tourists accounts for 60% of the plastic waste in Utopia The Prime minister of Utopia is considering two policy options to tackle this problem. Policy A- Every foreign tourist will be required to pay a $100 fee for entering Utopia. Policy B-Imposing a significant tax on the sale of plastic containers and bags. Which policy would you recommend to the Prime minister of Utopia and Why

Reference no: EM133064166

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