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6. It compares, over a period of 30-40 years, the user costs with the total benefits.

  • True
  • False

7. The disadvantages of COBA are that it:

  • ignores the externalities and it only applies to roads
  • The software is full of glitches and it never works
  • There are no disadvantages to COBA

8. COBA has now been integrated into a new transport framework, which takes into account the externalities.

  • True
  • False

9. PFI stands for...

  • Public Flying Increases
  • Private Finance Initiative
  • Public Finance Initiative

10. What road is a good example of having been constructed through the PFI/PPP?

  • Dartmouth Tunnel, London
  • M6 Toll (Birmingham Relief Road)
  • Itchen Bridge, Southampton
  • M25