This Subarea of Finance Is Important for Adapting to the Global

question 30

Multiple Choice

This subarea of finance is important for adapting to the global economy.

• A) investments
• B) financial management
• C) international finance
• D) financial institutions and markets

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Definitions:

Emissions Tax

A tax on the production, sale, or use of goods that produce pollutants, intended to reduce the harm they cause to the environment.

Marginal Benefit

The added gain achieved by consuming an additional unit of a product or service.

Marginal Benefit

The enhanced pleasure or value a person gains upon consuming one more unit of a particular good or service.

Emissions Tax

A tax imposed on companies for the pollution they produce, intended to motivate them to reduce pollutants and adopt cleaner processes.