PART I. Competitive markets |
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3. Intervention in Competitive Markets |
• Price ceilings and minimum wages
• Taxes and subsidies
• Tax incidence |
4. International Trade |
• Integration of a small market
• Integration of a large market
• Tariffs, import quotas, export subsidies |
5. Externalities, Public Goods and Incomplete Information |
• Externalities: a problem for markets
• Solutions
• The problem of providing public goods through markets
• Solutions to the insufficient private provision of public goods
• The lack of information: a problem for markets
• Solutions
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