Which Statement Is TRUE

question 194

Multiple Choice

Which statement is TRUE?

• A) Although inefficient, trade restrictions are effective at reducing child labor.
• B) Most child labor around the world takes place in factories that export products.
• C) Rising real GDP per capita has been an important force in reducing child labor.
• D) About 50% of the world's children aged 10 to 14 work.

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Definitions:

Cumulative Preferred Stock

Preferred stock where dividends accumulate if not paid in a given year and must be paid out before dividends can be distributed to common stockholders.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Dividends Received

Refers to the payments received by shareholders from a company's earnings, typically distributed periodically.

Dividend Record Date

The specific date set by a corporation's board of directors after which the shareholders on record will be entitled to receive the declared dividend.