In this module, we've talked about two scenarios, international trade and externalities, in which the role the government could play varies drastically.Watch these two clips on externalities:

http://www.criticalcommons.org/Members/sarahjenyk/clips/sriracha-hot-sauce-creating-a-negative-externality(Links to an external site.)

http://www.criticalcommons.org/Members/jtierney86/clips/the-coase-theorem-us-bank(Links to an external site.)

then discuss in your groups what you think the government's role should be with regard to trade and externalities, like the ones in the videos above.Based on the framework explained in the syllabus, use your small groups discussion board to discuss the above topic then submit on that same discussion board a single synopsis of the group discussion.