** River contaminates Greek town **
This BBC clip explains how toxic waste pollution in a river in Greece has been blamed for a high death rate in the town of Oinofyta.
< http://www.bbc.co.uk/mediaselector/check/player/nol/newsid_7130000/newsid_7130200?redirect=7130228.stm&news=1&nbwm=1&bbram=1&bbwm=1&nbram=1&asb=1 >
a) What is the negative externality in this example?
b) Who are the third parties?
c) What is the spillover effect?
d) What action has the government taken to reduce/eliminate the negative externality?
e) To what extent has the government action been successful?
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