Which of the Following Statements About Trade Restrictions Is True

question 159

Multiple Choice

Which of the following statements about trade restrictions is true?

• A)Trade restrictions are a benefit to consumers.
• B)All types of trade restrictions will increase government revenue.
• C)Foreign producers always benefit when trade restrictions are imposed.
• D)Domestic producers always lose revenue when trade restrictions are imposed.
• E)Domestic producers benefit at the expense of domestic consumers and foreign producers.

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Definitions:

State-dependent Memory

The phenomenon in which information learned in a particular state of mind (e.g., emotional, pharmacological) is more easily recalled when in the same state.

Physiological Condition

A state or situation related to the functioning of the body or to physical health.

Material Recall

The ability to remember and retrieve information or facts previously learned or experienced.

Autobiographical Memory

The aspect of memory that involves the recollection of personal experiences and events from one's own life.