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Management of marketable securities: Cash and marketable securities are normally treated as one item in any analysis of current assets and holding cash in excess of immediate requirement means that the firm is missing out an opportunity income.
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Marketable Permits for the Prevention of Environmental Deterioration. Journal of Environmental Economics and Management 12, pp. 207-228. This essay on The system for pollution offsets was written and submitted by your fellow student.
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The author states that “cap-and-trade systems with marketable permits have been effective in discouraging environmentally irresponsible behavior” (Brown 271). Lester Brown, Director of the Earth Policy Institute, writes that “cap-and-trade systems with marketable permits have been effective in discouraging environmentally irresponsible behavior” (271).
This essay is focused on the study of market permits which is feasibly split into two unique parts; the original examines with what means marketable permits can be used to take on pollution problems, by highlighting its superiority over the traditional Pigovian tax, describing the three types of market permit systems, whilst the second option.
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