When Is an Import Ban the Same as an Import

question 43

Multiple Choice

When is an import ban the same as an import quota?

• A) when the good under the import ban is taxed
• B) when the quota is zero
• C) never
• D) when all the goods under the quota is taxed

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Definitions:

Ex-Rights Date

The first day a stock trades without the right to receive a specific dividend or distribution announced by the company.

Stock Trades

The act of buying, selling, or exchanging shares of stock in the financial markets.

Holder-of-Record Date

The date set by a corporation by which an individual must be registered as a shareholder to be eligible to receive dividends or distributions.

Stock Rights

Entitlements issued to existing shareholders, giving them the privilege to buy more shares of the corporation at a future date at a predetermined price.