The Actions of Cartels Generally Result in _____ for Consumers

question 24

Multiple Choice

The actions of cartels generally result in _____ for consumers.

• A) lower prices
• B) brand loyalty
• C) higher prices
• D) increase in supply

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Definitions:

International Finance Corporation

A member of the World Bank Group focused on private-sector development in less developed countries.

Infrastructure Loans

Financial borrowing intended for the construction, improvement, or maintenance of essential public works like roads, bridges, and utilities.

Tariffs

Taxes imposed on imported goods, typically to protect domestic industries, raise revenue, or regulate trade.

Import Quotas

Restrictions set by a government on the amount of a particular good that can be imported into a country within a given timeframe.