After Napoleon's defeat in 1815, the Congress of Vienna established a bipolar order in Europe

Often the general sales tax is set at a much higher rate than the specific sales tax

Indicate whether the statement is true or false

This chapter examines several collective action problems, such as the tragedy of the commons, the stag hunt, and the example of fish stocks. All these examples show the problems that arise when individual self-interest conflicts with collective efforts, and why collective action tends to fail, even taking into consideration enlightened self-interest. There is a solution to making sure everyone cooperates. Explain what this solution is and give at least one example of how it resolves a collective action problem.

What will be an ideal response?