The requirement by the U.S.government that its subsidiaries abroad comply with trade restrictions with Cuba is an example of externalities.

Name: The requirement by the U.S.government that its subsidiaries abroad comply with trade restrictions with Cuba is an example of externalities.
Brand: Quizplus
Rating: 4.8 (30 reviews)

Question

Quizplus · Accepted Answer

Externalities refer to the unintended side effects of an economic activity on third parties. The U.S. government's requirement is a regulatory measure, not an externality.

The Requirement by the U