The Purchase of Stock with Cash in the Hope of Earning

question 76

Multiple Choice

The purchase of stock with cash in the hope of earning a capital gain is known as taking a

• A) long position in the stock.
• B) short position in the stock.
• C) long, margined position in the stock.
• D) short, margined position in the stock.

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Definitions:

Transnational Labor Collaboration

A form of cooperation between labor unions or workers across different countries aimed at addressing and improving working conditions and labor rights on an international scale.

Unionization

The process by which workers come together to form a union in order to collectively bargain with their employer regarding wages, working conditions, and other employment matters.

NAFTA

The North American Free Trade Agreement, an agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries.

NAALC

The North American Agreement on Labor Cooperation, an agreement between the USA, Canada, and Mexico to improve working conditions and living standards.