Of the Following, Which Is NOT Cited by the Authors

question 47

Multiple Choice

Of the following, which is NOT cited by the authors as an example of tax haven?

• A) Ireland
• B) Bermuda
• C) Cayman Islands
• D) Bahamas

---

Definitions:

Industry Output

The total production output of firms within a specific industry, an indicator of an industry's scale and health.

Celebrity Endorsements

The practice of having celebrities or well-known public figures promote a product, service, or brand.

Efficient Functioning

Optimal performance within an economy or system where resources are allocated in the most effective manner, maximizing output and welfare.

Monopolistically Competitive Industry

A market structure where many companies sell products that are substitutes but with distinctions in branding and quality, allowing firms some control over pricing.