When a Group Lobbies for the Prevention of Free Trade

question 57

Multiple Choice

When a group lobbies for the prevention of free trade, the most likely reason is

• A) defence against expensive domestic labour.
• B) rent seeking.
• C) preservation of the environment.
• D) tariff revenue.

---

Definitions:

Long-Term Debt

Borrowings and financial obligations lasting more than one year, used to finance a company’s operations or other long-term investments.

Operating Cash Flow

Cash generated by a company’s core business operations.

Cash Flow

Cash Flow is the net amount of cash and cash-equivalents being transferred into and out of a business, affecting its liquidity.

Assets

Resources owned by a company, expected to deliver future economic benefits.