What Is Not a Common Phishing Scam

question 61

Multiple Choice

What is not a common phishing scam?

• A)Account verification scams where the victim is directed to a bogus website by clicking the legitimate-looking address.
• B)The Nigerian 419 scam where an alleged representative of a foreign government asking the victim to help move money from one account to another.
• C)Free credit report through Experian,TransUnion and Equifax.
• D)An e-mail is received about a free gift or prize that requires the victim to send their credit card info to take care of shipping and handling.

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Definitions:

Tariff

A tariff is a tax imposed by a government on goods and services imported from other countries, used to regulate trade, protect domestic industries, or generate revenue.

Welfare Loss

The decrease in social welfare, usually measured in terms of lost economic efficiency or satisfaction, due to factors like taxes or monopolies.

Import Quota

A restriction imposed by a government on the quantity of a specific good that can be imported into a country during a specified time period.

Domestic Production

Domestic production denotes the total output of goods and services produced within a country's borders, reflecting the overall productive capacity and economic health of the nation.