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Every nation has signed the Kyoto Protocol.
Excise Tax
A tax on the sale or consumption of specific goods or services, such as tobacco, alcohol, and fuel.
Per Gallon
A unit of measurement used to quantify quantities, such as fuel efficiency or liquid commodity prices, based on volume per gallon.
Per Capita
A statistical measure that divides an aggregate by the number of individuals in the population, often used to express averages.
Equilibrium Price
The price at which the quantity of a good or service demanded equals the quantity supplied, leading to a state of market balance.
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