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Because of the increasingly important role played by coal as a viable alternative energy source, the production of coal has been growing at the rate of billion metric tons/year t years from 1970 (which corresponds to t = 0). Had it not been for the energy crisis, the rate of production of coal since 1970 might have been only
billion metric tons/year t years from 1970. Determine how much additional coal was produced between 1970 and the end of the century as an alternate energy source. Round your answer to one decimal place.
__________ billion metric tons
Transnational Trade Groups
International organizations composed of various countries that aim to promote and facilitate trade and economic cooperation among member nations.
Trade Agreements
Bilateral or multilateral agreements between countries that regulate tariffs, import quotas, and other trade restrictions to foster economic cooperation.
Free Trade
The unobstructed trade between countries, without tariffs, quotas, or other restrictions.
Gray Market
The trade of legal goods through unauthorized distribution channels, which, while not illegal, is unofficial and may not be supported by the original manufacturer.
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