The required return on the stock of Moe's Pizza is 11.8 percent and aftertax required return on the company's debt is 3.70 percent. The company's market value capital structure consists of 76 percent equity. The company is considering a new project that is less risky than current operations and it feels the risk adjustment factor is minus 2.5 percent. The tax rate is 40 percent. What is the required return for the new project

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.