If a Country Decided to Refuse to Allow an Importer

question 49

Multiple Choice

If a country decided to refuse to allow an importer to exchange its national currency for the sellers' currency, it would be an example of a(n) ________ currency.

• A) blocked
• B) spot
• C) embargo
• D) taxed
• E) quota

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Definitions:

Earnings Per Share

A measure of a company's profitability, calculated as net income divided by the number of outstanding shares of its common stock.

Dividends

Funds disbursed to members of a corporation, commonly sourced from the company's profits.

Market Price

The going rate at which one can buy or sell an asset or service in the market.

Dividend Yield Ratio

A financial ratio that shows how much a company pays out in dividends each year relative to its share price, often used by investors to gauge the income a stock provides.