Examlex

Solved

Assume That Markets Are Semistrong-Form Efficient

question 91

Multiple Choice

Assume that markets are semistrong-form efficient. Which of the following statements is most correct?


Definitions:

United Nations

An international organization founded in 1945 aimed at promoting peace, security, and cooperation among countries.

Import Tariff

A tax imposed by a government on goods and services imported from other countries, used to control trade.

Deadweight Loss

A loss of economic efficiency that can occur when equilibrium in a market is not achieved or is not achievable.

Free Trade

An economic policy that allows imports and exports among member countries with little to no tariff barriers, quotas, or subsidies.

Related Questions