China has constructed a new railway in Kenya linking the capital city, Nairobi, with the port of Mombasa. Kenya has to pay back the railway’s cost to China. Travel time has fallen a great deal, but ticket prices have risen and farmers have lost farmland beside the new route. Who carries the external costs of this scheme?
- AChina who built the new railway
- Bfarmers who have lost agricultural land
- CKenya who must repay the cost to China
- Dpassengers who pay the higher fare