Emissions permits might be called an allowance.

Which of the following accurately depicts the situation of India's trade in services and what it might mean for the global economy?

A) It is not perceived as threatening to the industrialized nations so it is likely to grow without any impact. B) Because it is nothing new, other economies have had time to adjust. C) It creates only harm to other national economies. D) It may lead to protectionist sentiment and policies in other nations as comparative advantages shift.

For a corporation, an important advantage of selling stocks instead of bonds is that:

a. in the case of a bond, the corporation has to pay a fixed rate of interest, while in the case of a stock, the corporation is not liable to pay any interest. b. in the case of a bond, the corporation has to pay a fixed rate of interest, while in the case of a stock, the corporation earns a fixed rate of interest. c. a bond can generate funds for the corporation only once, while a stock generates funds for the corporation each time it is resold. d. it is difficult to sell a bond because people perceive that a bond is risky, while it is easier to sell a stock because people perceive that it is safe to invest in stock.