Trade Barriers Tend to Persist Because

question 88

Multiple Choice

Trade barriers tend to persist because

• A)the short-term adjustment costs of free trade are too high.
• B)losses to consumers are more visible than gains to producers.
• C)losses to consumers are less visible than gains to producers.
• D)consumer groups successfully lobby Congress to protect jobs.
• E)losses to consumers are smaller than gains to producers.

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Definitions:

Milgram Experiments

A series of psychological experiments conducted by Stanley Milgram, which tested individuals' willingness to obey authority figures, even when it meant harming others.

Terrorist Mentality

The psychological framework or set of beliefs that motivates individuals to commit acts of terrorism.

Group Polarization

The phenomenon where the presence of a group can lead to decisions and opinions becoming more extreme in the direction of the group's pre-existing tendencies.

Deindividuation

A psychological state where an individual loses self-awareness and self-restraint, often in group settings, leading to behavior that is normally inhibited.