Away to prevent market failure from inadequate competition is for the government to raise the minimum wage. remove subsidies. tax exports. tax imports.

D. tax imports i just took the test

Explanation: the government will tax imports so that other countries must pay more for certain things to come in to the country which in turn helps boost the economy

Tax imports

Explanation:

Import Tax is a customs duty. It is a federal tax, that is, only the Union has the power to institute it. The chargeable event of the Import Tax occurs when foreign products enter the national territory. However, if a foreign product enters the country for the purpose of returning abroad within a certain period of time, the release of the tax is suspended until it is waived if the conditions stipulated for the return of the product abroad are met. until the conditions are met, at which time the tax should be levied at the rate that was in force.

However, one way to prevent market failure from inadequate competition is for the government to raise import taxes, so any foreign country must pay for its products to enter the country and this will generate money for the federal government.

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