In order to avoid congressional action in the United States, in the early 1980s the Japanese resorted to:

a. infant industry protection.
b. dumping of automobiles.
c. voluntary export restraint (VER).
d. price discrimination.

Answer: c. voluntary export restraint (VER).

Economics

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The middle Atlantic colonies were more popular than New England as destinations for immigrants before 1770 because of their more liberal religious attitudes and the availability of land

Indicate whether the statement is true or false

Economics

The fiduciary responsibility of board members means that they

a. protect the interests of all shareholders. b. resolve principal-agent problems. c. make sure the interests of large shareholders are protected first. d. reject the notion of maximizing shareholder value. e. none of the above.

Economics