Question

Which of the following best defines international externalities? Select the correct answer below: externalities that cross national borders and that a single nation acting alone cannot resolve externalities that cross national borders and that a single nation alone can resolve

Answer 1

Answer:

externalities that cross national borders and that a single nation acting alone cannot resolve

Explanation:

International Externalities is a term that describes the externalities that goes beyond the border of a particular country or nation, therefore to solve such externalities, it will involve more than one nation or country to resolve it.

For example, the is issue of Global warming: a rise in average temperature of Earth's climate system, and Biodiversity are prime example of international externalities.

Answer 2

Answer:

externalities that cross national borders and that a single nation acting alone cannot resolve

Explanation:

International externalities are externalities that cross national borders and that a single nation acting alone cannot resolve, an example is the issue of global warming, it requires the corporation of several nations to address it, it cannot be addressed by a single nation.