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.

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.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter29: Economies In Transition

Section: Chapter Questions

Problem 5SQ

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