Governments usually build highways because it is difficult to exclude individuals who don't pay for the highways from using them. What type of market failure is involved?

A major U.S. motive for negotiating a free-trade agreement with Mexico was to

a. help foster the study of the Spanish language as a means to trading with all Spanish-speaking countries b. increase immigration into the United States c. gain increased access to Mexican consumers d. keep Mexico from going Communist e. achieve, ultimately, political union with Mexico

Which of the following is most likely to be a private good?

A. Road B. Park C. City fireworks display D. Bicycle