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The Gains from Free Trade Are Enjoyed by a _______Number

question 62

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The gains from free trade are enjoyed by a _______number of people and the costs of free trade are imposed on a _______ number of people.


Definitions:

Public Offering

The process of selling stocks or bonds to the public for the first time, also known as an initial public offering (IPO) for stocks.

Dilution %age Ownership

The reduction in existing shareholders' ownership percentage of a company as a result of the company issuing more shares.

Rights Offering

An offer to existing shareholders to purchase additional shares in the company at a discount to the market price within a fixed period.

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