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what is the externality for the following description.
-Vaccines have a direct health benefit on others by reducing their chances of ill health, and they are not being compensated in the private market; therefore, these activities should be subsidized.
Forward Exchange Contract
A financial agreement to exchange a set amount of currencies at a specified rate on a predetermined future date.
Cash Flow Hedge
A financial risk management tool aimed at safeguarding against variances in cash inflows and outflows due to market volatilities.
Amortized
Amortization involves spreading payments over multiple periods, such as loans or intangible assets, to reduce the balance over time.
Journal Entries
The means by which all business transactions are recorded in the accounting records using the double-entry bookkeeping system.
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