One of the More Frequent Political Arguments for Government Intervention

question 1

True/False

One of the more frequent political arguments for government intervention states that it is necessary to protect industries from foreign competition.

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Definitions:

DAX

The Deutscher Aktienindex, a major stock market index consisting of the 30 major German blue chip companies trading on the Frankfurt Stock Exchange.

Bankers' Acceptances

Short-term debt instruments issued by a company that is guaranteed by a commercial bank.

Eurodollars

Deposits held in U.S. dollars at banks outside the United States, often used in international lending.

Repos

Short for repurchase agreements, a form of short-term borrowing for dealers in government securities.