Sandra's Steel Mill Has Decided That Lobbying Congress to Pass

question 112

Multiple Choice

Sandra's Steel Mill has decided that lobbying Congress to pass a tariff on imported steel will cost less than trying to modernize its facility to compete with foreign steel prices.Sandra's Steel Mill will

• A) decide that lobbying is wrong and modernize its facility.
• B) participate in rent seeking and lobby Congress for the tariff.
• C) lobby Congress for the tariff and modernize its facility.
• D) produce more steel to attract more customers.
• E) lower its price to compete with the imported foreign steel.

---

Definitions:

Indian Cultures

The diverse and rich traditions, beliefs, practices, and social structures of the numerous native peoples of the Indian subcontinent or of Indigenous peoples in the Americas.

Sixteenth Century

The period from the year 1501 to 1600, marked by significant events such as the Renaissance, the Reformation, and the beginning of European colonialism in the Americas.

Mesoamerican Civilizations

Ancient societies that developed in what is now Mexico and Central America before the Spanish conquest, including the Aztecs, Mayans, and Olmecs.

Aztec Civilization

An indigenous civilization that was highly advanced and flourished in central Mexico in the 14th to 16th centuries before being conquered by the Spanish.