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question 46

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Text in a SmartArt graphic can be converted to WordArt.

Understand the benefits and costs of international trade for domestic consumers and producers.

Analyze the effects of tariffs and trade policies on a country's economy.

Understand the concept of comparative advantage and its role in shaping global trade patterns.

Explain how international trade affects domestic prices and production levels.

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Definitions:

Record Date

The specific date set by a company on which the investors must own shares to be entitled to dividends.

Reverse Stock Split

A corporate action that consolidates the number of existing shares of stock into fewer, proportionally more valuable, shares.

Shares Outstanding

The sum of all shares of a company currently held by its investors, encompassing both large block holdings by institutional investors and shares that are under restrictions.