Which of the Following Groups Has an Interest in Encouraging

question 149

Multiple Choice

Which of the following groups has an interest in encouraging free trade?

• A)Workers in import-competing industries.
• B)Producers in import-competing industries.
• C)Neither workers nor producers in any industry are in favor of trade.
• D)Workers in export industries.

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Definitions:

Liability Account

A financial accounting term for obligations or debts that a company owes to others.

Stock Dividend

A dividend paid to shareholders in the form of additional shares of stock, rather than cash.

Corporate Assets

Assets owned by a corporation, including cash, inventory, property, and intellectual property, that are used in the operation of the company.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.