Which of the Following Issues Raises Concerns About the Ethics

question 113

Multiple Choice

Which of the following issues raises concerns about the ethics of protectionism?

• A)Competitive advantage grows out of continuous improvement.
• B)Small firms succeed in foreign niche markets.
• C)Tariffs have declined from an average of 40 percent to less than 5 percent.
• D)Regional trade agreements provide preferential treatment for member nations.
• E)Pan-European marketing strategies are possible due to greater uniformity in packaging standards.

---

Definitions:

Minimum Legal Capital

The least amount of capital that must be maintained by a corporation as required by law, intended to protect creditors.

Stock Subscriptions

Commitments made by investors to purchase shares of stock from a company, often before they are issued.

Treasury Stock

Shares that were once part of the outstanding shares and have been reacquired by the issuing company.

Stockholders' Equity

The portion of a company's assets that belongs to the shareholders after liabilities have been subtracted.