本题目来源于试卷: IB Economics Unit 2.5: Microeconomics - Market Failure，类别为 IB经济学
[单选题]
Cocoa farmers in the hypothetical cou8e* g 7vkmq3 zpsnx+s21b5mquntry of Chocolattia fac8 xu)v* -:p r7zsbnznoe extreme poverty, earning less than a dollar a day. Deforestation caused by cocoa production poses environmental risks, with around 40% of land dedicated to cocoa, resulting in boz xp8 nn :-u*zvr)7sthe loss of native forests. The supply chain includes issues with drug trafficking and child slavery. Chocolate is a product that uses cocoa as an input.
Referring to the scenario above, which of the following forms of government intervention will not correct this market failure?
A. Pigouvian taxes on chocolate.
B. Tradable permits for the use of forest land.
C. Tougher legislation and regulation of the supply chain.
D. Subsidies granted to cocoa farmers.
参考答案: D
本题详细解析:
D Subsidies granted to cocoa farmers may guarantee them a fairer income, but it will only further encourage unsustainable production by causing increased deforestation. Market failure is corrected by implementing policies to raise the cost of production, and thus bringing the market equilibrium quantity closer to the socially optimum output: - Choice A will raise the cost of production for chocolate manufacturers and thus discourage production
- Choice B will increase the cost of clearing forest land and encourage more sustainable use of the common pool resource.
- Choice C will increase the costs of production for all participants in the supply chain and encourage more sustainable and equitable practices.
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