Develop the case for the notion of negative or positive

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Make a case for the notion of a negative or positive externality. Show model that illustrate how to internalize the market failure. What are alternative goverment interventions to cure issues?
International trade can be stopped of stifled using Quotas; Tariffs; and Non-Tariffs, etc. World trade organizations have been developed around the world to counter these effects. Name at least top five explain how they try to address free trade.

Reference no: EM13454441

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