FORESTRY
FOREST PRODUCTS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following are applications of total economic valuation framework, except
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Identification of ecosystems services
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Quantification of identified ecosystem services
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Monetization of quantified ecosystem services
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None of these
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Explanation:
Detailed explanation-1: -Economic valuation provides a means for measuring and comparing the various benefits of fisheries resources and their ecosystems, and can be a powerful tool to aid and improve their wise use and management.
Detailed explanation-2: -Total Economic Value: an assessment procedure proposal. TEV is composed by use values, option values and non-use components.
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