Private Benefits of Control Are

question 8

Multiple Choice

Private benefits of control are ...

• A)higher in common law countries than in civil law countries.
• B)the benefits to the large shareholder from controlling a firm and are not shared with the other shareholders.
• C)higher in English speaking countries.
• D)None of the above.

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Definitions:

High Tariffs

Elevated taxes imposed on imported goods, intended to protect domestic industries by making foreign products more expensive.

Trade Deficit

A situation in which a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.

Wildlife Preserves

Protected areas dedicated to the conservation of animals, plants, and their natural habitats, ensuring biodiversity and ecological balance.

Free Traders

Individuals or entities advocating for minimal restrictions on international trade and for reducing or eliminating trade barriers.