20 points) Water sold in small plastic bottles produces waste that contaminates the environment Suppose the US government passed strict new laws that levied special taxes on water sold in plastic...

20 points) Water sold in small plastic bottles produces waste that contaminates the

environment

Suppose the US government passed strict new laws that levied special

taxes on water sold in plastic bottles

One country, Fiji, has a comparative advantage in

producing bottled water, much of which is consumed in the US As a

trade

economist,

what is your perspective on the impact of this law on the US and on Fiji?

Thinking

beyond trade issues, what is your economic perspective on the law?