Workers in Industries Protected by Tariffs and Quotas Are Likely

question 95

Multiple Choice

Workers in industries protected by tariffs and quotas are likely to support these trade restrictions because

• A)they do not want to offend their employers who want them.
• B)politicians lobby to convince workers the restrictions will make them better off.
• C)they believe the restrictions will protect their jobs.
• D)they don't understand that the restrictions will threaten their jobs.

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Definitions:

Going Public

The process by which a privately held company offers shares to the public in a new stock issuance, making it a publicly traded and owned entity.

Private Placements

A method of raising capital through the sale of securities to a relatively small number of select investors as opposed to a public offering.

Venture Capital

Financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.

Mezzanine Capital

A hybrid form of financing that is often used to fund the expansion of existing companies, combining elements of debt and equity financing.