External Benefits in Consumption Refer to Benefits Accruing to

question 110

Multiple Choice

External benefits in consumption refer to benefits accruing to

• A)those who are selling the product to the consumers.
• B)those who bought and consumed the product.
• C)those other than the ones who consumed the product.
• D)those who are consuming the product abroad.

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Definitions:

Canadian Dollar

The official currency of Canada, often symbolized as CAD and colloquially referred to as the "loonie."

Spot Market

A marketplace for the immediate settlement of transactions involving commodities or securities.

Interest Rate Parity

Holds that investors should expect to earn the same return in all countries after adjusting for risk.

Forward Market

A marketplace where futures contracts are traded, enabling parties to buy or sell assets at a future date for a price agreed upon today.