An Example of a Quota That Protects an American Industry

question 186

Multiple Choice

An example of a quota that protects an American industry is the quota on

• A)tourists entering the country.
• B)sugar imports.
• C)sales of oil products to foreign countries.
• D)purchases of military hardware to foreign dictators.
• E)All of the above are examples of protective quotas.

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Definitions:

Flotation Cost

The total costs associated with issuing new securities, including underwriting, legal, and registration fees.

Issue Price

The initial price at which securities are offered to the public.

Annual Dividend

The total dividend payment a shareholder receives from a company over the course of a year, often expressed as a per share amount.

Flotation Cost

Flotation cost is the total cost incurred by a company in offering its securities to the public for sale, including underwriting, legal, and registration fees.