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The open-economy macroeconomic model takes
Pollution Reduction
Efforts or measures taken to decrease the amount of pollutants being released into the environment.
Pollution
The presence in or introduction into the environment of a substance or thing that has harmful or poisonous effects.
External Benefit
A positive effect experienced by unrelated third parties resulting from a transaction or activity.
Subsidizing
The act of a government or organization providing financial support to reduce the cost of goods or services, often to encourage production or consumption.
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Q519: The theory of purchasing-power parity primarily explains<br>A)