An Example of a Tariff Is

question 51

Multiple Choice

An example of a tariff is:

• A) Japanese automobile manufacturers agreeing to limit exports to the United States.
• B) a decision by the United States to limit South Korean television imports to 100,000 per year.
• C) France charging an additional 10% tax on imports of Vietnamese clothing.
• D) a decision by Saudi Arabia to reduce oil exports to India by 100,000 barrels.
• E) Chinese toy manufacturers agreeing to reduce exports to the United States.

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Definitions:

Preferred Stock

A type of stock that grants holders priority for dividend payments and, in some cases, priority in asset liquidation over common stockholders.

Stockholders' Equity

The portion of the balance sheet that represents the capital received from investors in exchange for stock (paid-in capital), donated capital and retained earnings.

Cash Dividend

A payment made by a company out of its earnings to shareholders, usually in the form of cash.

Liquidating Dividend

A type of dividend paid by a company to its shareholders out of its capital base, essentially returning a portion of the capital initially invested back to the shareholders.