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1. What are the economic reasons for fuel taxes being different in different countries? (15 Marks) 2. Is the fuel taxes an inefficient way of

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1. What are the economic reasons for fuel taxes being different in different countries? (15 Marks) 2. Is the fuel taxes an inefficient way of reducing traffic congestion? Explain. (20 Marks) 3. Why market fails to reflect social costs and social benefits in the fuet market. Explain. (15 Marks) Words 0/50000

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