What Is the Primary Purpose and Function of INTERPOL

question 98

Short Answer

What is the primary purpose and function of INTERPOL?

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Definitions:

Negative Externality

A situation where a third party suffers costs from an economic transaction in which they are not directly involved.

Patent

A government-granted exclusive right to an inventor, allowing them the sole right to make, use, and sell an invention for a certain period of time.

Socially Optimal Outcome

A state in which a market or economy operates at peak efficiency, distributing resources in a way that benefits the maximum number of people.

Antibiotic-Resistant Diseases

Infections caused by bacteria that have evolved the ability to survive treatment with antibiotics that were previously effective against them.