Environment & Ecology · Environmental Studies
Which of the following correctly defines 'defensive expenditure' in environmental economics?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Expenditure on luxury consumer goods
- 2Expenditure on military imports
- 3Expenditure incurred to prevent or mitigate environmental degradation✓
- 4Expenditure incurred on increasing industrial output
Correct answer
Expenditure incurred to prevent or mitigate environmental degradation
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