OBJECTIVE FORESTRY

FORESTRY

GENERAL FORESTRY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
With RA 7161, the government will now be able to capture an acceptable economic rent of the forest resources with forest charges now levied at ____ of actual FOB market price for timber
A
10%
B
15%
C
20%
D
25%
Explanation: 

Detailed explanation-1: -Forest governance The primary law governing Philippines’ forestlands and forest resources is Presidential Decree No. 705, Series of 1975, otherwise known as the Revised Forestry Code of the Philippines, as amended (PD 1559 of 1978, PD 1775 of 1981, EO 277 of 1987, and RA 7161 of 1991).

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