"Protection" Is Designed to Help

question 101

Multiple Choice

"Protection" is designed to help

• A)firms whose relative inefficiency does not permit successful competition with imports.
• B)workers who have very high productivity, and cannot survive against low-paid foreign workers.
• C)government that needs revenue from tariffs and quotas to cover government spending.
• D)firms that are highly efficient and cannot survive against low-price foreign imports.

---

Definitions:

Anti-Fraud Securities Act

A legislative framework designed to prevent fraudulent activities related to securities and investments.

Securities Exchange Act

Legislation governing the secondary trading of securities (stocks, bonds, and debentures) in the United States, aiming to provide transparency and fairness.

Securities Act

A federal law enacted to regulate the offer and sale of securities to protect investors from fraud.

Securities and Exchange Commission

A U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry, stock and options exchanges.