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1. The U.S. securities and exchange act encourages confidence in business transactions by _____________.
a. Protecting public companies from government scrutiny
b. Evaluating the inner workings of privately owned firms
c. Requiring public companies to frequently disclose their financial status
d. Shielding investors from bankruptcy and excessive taxation
2. One kind of penalty on trade which can be applied to a nation by another country or even group of countries is a(n) ________________.
a. Confiscation
b. Expropriation
c. Subsidy
d. Sanction
3. ________________ is when a government seizes a firm’s assets with.
4. Democracy is highly associated with transparency and openness.
a. True
b. False
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