Some Nations That Seek to Produce All of Their Own

question 37

Multiple Choice

Some nations that seek to produce all of their own needs face the problem that

• A)people don't want a wide variety of choices when buying.
• B)some industries are too small to be efficient.
• C)other countries may want to buy from them.
• D)All of the above are true.

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Definitions:

Stock Issuance Costs

Expenses associated with the issuance of new shares of stock, such as legal, accounting, and underwriting fees.

Consolidated Long-term Liabilities

The total amount of long-term debts that a company reports on its balance sheet, including all of its subsidiaries.

Voting Shares

Voting shares are shares of stock in a company that grant the shareholder the right to vote on corporate matters, typically in proportion to the number of shares held.