The Gains from Free Trade Are Enjoyed by a ________

question 23

Multiple Choice

The gains from free trade are enjoyed by a ________ number of people and the costs of free trade are imposed on a ________ number of people.

• A)small;large
• B)large;small
• C)small;small
• D)large;large
• E)We can't determine the relative number of people who benefit and lose from free trade.

---

Definitions:

Socially Appropriate

Behavior that is considered acceptable or suitable within the norms and standards of a particular society or community.

Scientific Enterprise

A systematic and organized approach to research and investigation aimed at expanding knowledge and understanding through empirical evidence and experimentation.

Generalise

The process of applying findings or observations from specific instances to broader populations or situations.

Dependent Variable

The outcome observed in an experiment, which may change in response to manipulations of the independent variable.