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Levying an excise tax in these situations can serve to recoup some of the cost of these externalities and internalize the cost of the externality to the purchase of the product.[11] The Pigouvian concept of internalizing externalities to correct inefficient market outcomes suggests that the size of the excise tax should be equal to the cost of the negative externality

Mollucas is another name for the Spice Islands

Following 7-Eleven's purchase of Speedway, Casey's is the third-largest convenience store chain in the United States (after 7-Eleven and Circle K/Couche-Tard) and the largest that is wholly American-owned

Behrendt H.-J

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