What are the general principles involved in setting royalties? What are the specific goals of the sellers? The buyers? What are the three market structures we see in oil, and what are the potential benefits and problems with each? What variable will firms use to judge where to place their money? What problems can lead to imperfect collection of royalties? How do royalties differ from taxes? Discuss the particular example of gold in Ghana.

Answer rating: 100% (QA)

Answer The general principles involved in setting royalties are the contract negotiation for the time intervals for royalty payment decision on how to ... View the full answer