Barking dogs cannot be considered an externality because externalities must be associated with some form of market exchange.
举一反三
- Market failure in the form of externalities arises when the market fails to achieve equilibrium.
- A __________ transaction in the foreign exchange market requires an almost immediate delivery of foreign exchange.
- Market failure in the form of externalities arises when the market fails to achieve equilibrium. A: 正确 B: 错误
- A ________ transaction in the foreign exchange market requires delivery of foreign exchange at some future date.
- In a competitive market with no externalities,