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supply and demand, NAFTA, over seas competition

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Q: Positive externalities in the automobile industry?
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What are some positive externalities in the home building industry?

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What are some negative or positive externalities the automotive industry produces?

Negative externalities lead markets to produce a larger quantiy than is socially desirable. Positive externatlities lead markets to porduce a smaller quantity than is social desirable. To remedy the problem, the government can internalize the externality by taxing goods that have negative externalities and susidizing good that have positive externalities.


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Who was the captain of automobile industry?

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