Explain the nature of the market failure

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Reference no: EM133425630

Video - The destruction of the Amazon, explained

Explain the nature of the market failure as it pertains to agricultural drivers of deforestation
Provide an overview of the different policies/incentives used by Brazil (and the international community) to slow deforestation. How would you characterize each of these policies (command and control, market-based, the establishment of property rights, etc.)?
Why didn't the slowdown of deforestation coincide with a reduction in beef and soy production? What does this tell you about potential policies?

Reference no: EM133425630

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