Generally, the Losses Due to Free Trade Are ________, and the Benefits

question 19

Multiple Choice

Generally, the losses due to free trade are ________, and the benefits are ________.

• A) concentrated within particular groups; spread thinly across the rest of the economy
• B) spread thinly across the rest of the economy; concentrated within particular groups
• C) concentrated within particular groups; also concentrated within particular groups
• D) spread thinly across the rest of the economy; also spread thinly across the rest of the economy
• E) zero; infinite

---

Definitions:

Outstanding Checks

Checks that have been written and recorded in the issuing entity's accounting system but not yet cashed or cleared by the bank.

Bank Statement

A document issued by a bank detailing all transactions in an account over a specified period, including deposits, withdrawals, and fees.

Bank Reconciliation

The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are consistent and accurate.

Company's Records

Documentation that contains the financial and operational information of a company.