In the OTC Markets Trading Rules and Conventions Are Established

question 65

Multiple Choice

In the OTC markets trading rules and conventions are established by:

• A)AFMA
• B)ASIC
• C)The ASX
• D)The RBA
• E)The ATO.

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Definitions:

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and goods.

External Costs

Costs that fall on third parties who are not directly involved in a transaction or economic activity.

Marginal Social Costs

The total cost to society of producing one extra unit of a good or service, including both private costs and any externalities.

Property Rights

Legal rights to use, derive benefit from, and transfer property.