Open-End Investment Companies Are Also Called ________ and Are Called

question 27

Multiple Choice

Open-end investment companies are also called ________ and are called "open-end" because

• A) high risk funds; they are able to assume high levels of risk.
• B) venture capitalists; they invest in the stock of firms.
• C) mutual funds; they can buy an unlimited number of corporate shares.
• D) mutual funds; they can issue an unlimited number of shares to investors.

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Definitions:

Quotas

Limitations or targets set on quantities such as production, sales, or imports and exports, used in business practices and international trade.

World Trade

The exchange of goods and services across international borders, influenced by agreements, tariffs, and global economic policies.

Largest Importer

The country or entity that brings the highest volume of goods into its territory from other countries.

Gray Market

The trade of goods through distribution channels that are legal but unintended by the original manufacturer.