An Example of a Voluntary Export Restriction Is A

question 92

Multiple Choice

An example of a voluntary export restriction is a:

• A) U.S.-imposed limit on the total number of Honda automobiles imported from Japan.
• B) regulation specifying that each imported Honda automobile must meet certain emission-exhaust guidelines.
• C) decision by Japan to ship fewer Japanese-built Hondas to the United States.
• D) tax of 10 percent of the value of each Honda automobile imported from Japan.

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Definitions:

Callable Bond

A type of bond that gives the issuer the right to redeem the bond at a predetermined price before its maturity date.

Yield To Call

The rate of return anticipated on a bond if it is held until the call date, before the bond's maturity date.

Par Value

The face value of a bond or stock, representing the amount the issuer will return to the holder at maturity.

Current Yield

The annual income (interest or dividends) divided by the current price of the security.