Which of the Following Would Be Most Likely to Improve

question 57

Multiple Choice

Which of the following would be most likely to improve the standard of living of a less-developed country?

• A) development of strong labor unions.
• B) more foreign investment, attracted by the expectation of economic and political stability.
• C) adoption of trade barriers (higher tariffs and quotas).
• D) widespread use of price controls to allocate goods and resources.

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Definitions:

Preemptive Rights

Rights that allow existing shareholders in a corporation the first chance to buy new shares before the public, to maintain their proportionate ownership.

Closely Held Corporation

A closely held corporation is a type of company characterized by a small number of shareholders, typically involving family or close associates, with restrictions on the sale or transfer of shares.

Publicly Held Corporation

A company whose shares are publicly traded on stock exchanges, allowing public investors to buy and sell its stock.

Preferential Rights

Rights that give certain stakeholders in a company, such as shareholders or creditors, priority over others in specific situations, like asset distribution.