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external |
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external 1. Politics of or involving foreign nations; foreign 2. of, relating to, or designating a medicine that is applied to the outside of the body 3. Anatomy situated on or near the outside of the body 4. Education denoting assessment by examiners who are not employed at the candidate's place of study 5. Austral and NZ (of a student) studying a university subject extramurally 6. Philosophy (of objects, etc.) taken to exist independently of a perceiving mind 7. Austral and NZ a student taking an extramural subject How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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No known study, however, has quantified this positive externality, and critics argue that temporary reverse transfer students are "taking over" academic courses and that post-baccalaureate reverse transfer students are "crowding out" traditional students from vocational programs (Townsend & Dever, 1999; Townsend & Lambert, 1999; Townsend, 2001b). Were it not for the inherent subjectivism of these matters, we would be tempted to claim that public education is an externality all right, but a negative not a positive one. An example of a negative externality is when a manufacturer pollutes, creating an external cost--the harm caused by the pollution--borne by the people living nearby. |
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