I need help with 2 questions

Description

Sell offshore licenses to private international companies, which would pay a royalty of $15 per barrel with all extraction costs borne by the licensees.
Option 4: Prepare a bond to finance entry into the leisure market with high-end hotels, casinos and entertainment venues. Although this would restrict drilling operations to southern half of the island, the northern end of Petrolo could become a magnificent tourism venue for the worldàwealthy. Tax-free operations for the first ten years of operations for major hotel/casino operations would entice investment.
For each of the four options, identify three (3) potential economic impacts considering both possible benefits and downsides and implications for Petroloàgovernment and citizens.
Based on your analysis and research, make one or more specific recommendations to address the issue.

Explanation & Answer:

3 pages

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