How Are Polluting Industries Similar to Protectionist Industries

question 45

Multiple Choice

How are polluting industries similar to protectionist industries?

• A)Both are large groups that are less motivated because the costs of unfavorable policies will be spread across a large number of members.
• B)Both usually support their governments' involvement in international agreements.
• C)Both are small in number and can get concentrated benefits from government policies,while the costs of those policies are spread across many individuals.
• D)Both are large groups that can use their numbers to get favorable government policies passed.

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Definitions:

Increase Liabilities

An action that results in a rise in the obligations or debts of a company, affecting the company's financial position.

Increase Owner's Equity

An action or event that enhances the net worth of a business as reflected in capital or owner's investment.

Decrease Assets

A reduction in the total value or amount of economic resources owned or controlled by an entity.

Owner's Equity

The residual interest in the assets of an entity that remains after deducting its liabilities, reflecting the ownership interest in the company.