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