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What Does the Increased Use of Fossil Fuels, Especially in Industry

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What does the increased use of fossil fuels, especially in industry, cause?


Definitions:

Excise Tax

A specific tax imposed on certain goods, products, or activities, usually to discourage consumption or to raise revenue.

Comparative Advantage

An economic theory that describes how a country or entity can produce goods and services at a lower opportunity cost than others.

International Trade

Trading goods, services, and capital across borders or territories between countries.

World Price

The international market price of a good or service, determined by global supply and demand.

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