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Despite the world-wide stock market breakdown of the internet economy in the year 2001, the new information and … communication technologies will enable firms to integrate world-wide e-commerce in their business. This will facilitate the entry of … firms in every connected country into international markets and perhaps value up their market position. Therefore, the world …
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Most analyses of the Kyoto flexibility mechanisms focus on the cost effectiveness of 'where' flexibility (e.g. by showing that mitigation costs are lower in a global permit market than in regional markets or in permit markets confined to Annex 1 countries). Less attention has been devoted to...
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