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Sustain for an economy in market forces

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Reference no: EM132606826

1. The Government has various tools available to deal with the Market Failure, the few of the tools available to the Government was:

  • Price Profit Regulations
  • Restrictive Trade policy and practices
  • Direct Controls or Regulations
  • Patents and Law of Tort
  • Subsidy Policy
  • Tax Policy
  • Foreign Exchange Policy.

Briefly provide your views on all the above to predominantly sustain for an Economy in Market forces.

Reference no: EM132606826

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