A great BBC article and video explaing the negative externalities associated with lead smeltering in China
http://news.bbc.co.uk/1/hi/world/asia-pacific/8211081.stm
a) Explain what a negative externality is
b) Use the article and video to explain the negative externalities associated with lead smeltering in this particular plant in China
c) Why does lead smeltering not always produce this sort of market failure? (Hint: Think of the actions the govt can take)
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