Why are offsets considered protectionist measures?
A) Exporters must often find markets for goods outside their lines of expertise.
B) Exports must be sold at a certain percentage price below the price of domestic producers.
C) Companies must submit samples to government authorities before receiving export permission.
D) Trading companies must incur additional inventory carrying charges and pay significantly higher tariffs.
A
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The true owners of the corporation are the:
A) holders of debt issues of the firm. B) board of directors of the firm. C) creditors. D) common stockholders.
You believe in the power of compounding and decide to save $1 per day by avoiding the purchase
of a soda. You deposit the $1 at the end of each day in a bank account that pays 8% interest compounded daily. You are going to take a trip in 20 years with the money you have accumulated. How much money will you have in 20 years, assuming 365 days per year? A) $7,500 B) $18,032 C) $12,438 D) $22,456