Which of the Following the Best Example of a Cartel

question 12

Multiple Choice

Which of the following the best example of a cartel?

• A)An association of tobacco companies that attempts to influence anti-tobacco legislation
• B)A labor union that raises wages above competitive level by restricting the supply of labor
• C)A group of countries that sign an agreement to lower trade barriers and exchange goods and services
• D)Firms that register their headquarters in the Cayman Islands in order to evade corporate taxes

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Definitions:

Research Subjects

Individuals or entities that participate in a scientific investigation to generate data or insights.

Animals

Multicellular, eukaryotic organisms in the kingdom Animalia that exhibit voluntary motion, responsiveness to environment, and often complex behaviors.

Corporate Media

Media outlets that are owned, controlled, or influenced by large corporations, often criticized for promoting corporate interests.

Consumerism

The preoccupation of society with the acquisition of consumer goods.