A Difference in Relative Commodity Prices Between Nations Can Be

question 3

Multiple Choice

A difference in relative commodity prices between nations can be based on a difference in:

• A)technology
• B)factor endowments
• C)tastes
• D)all of the above

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Definitions:

Preferred Stock

A class of shares that offer their holders preferential rights to dividends and asset distribution over common stockholders, often without voting rights.

Treasury Shares

Shares of a company's own stock that it has reacquired and holds, which do not carry voting rights or pay dividends.

Authorized

Officially given a right or power to do something or the condition of having official permission.

Dividends

Payments made by a corporation to its shareholders, usually as a distribution of profits.