Which of the Following Is Not Likely to Represent a Strategy

question 25

Multiple Choice

Which of the following is not likely to represent a strategy by the government of Country X to reduce its balance-of-trade deficit with Country Y?

• A) The government of Country X eliminates environmental restrictions.
• B) The government of Country X subsidizes firms in its country to facilitate dumping.
• C) The government of Country X provides tax breaks to firms in specific industries.
• D) The government of Country X removes a tariff on goods imported from Country Y.

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Definitions:

Cognitive Miser

A cognitive miser is a theory in social psychology suggesting that humans conserve cognitive energy by relying on heuristics or mental shortcuts to make decisions and judgments.

Motivated Tactician

A model of social cognition that characterises people as having multiple cognitive strategies available, which they choose among on the basis of personal goals, motives, and needs.

Role of Thought

The importance or function of cognitive processes in understanding and reacting to the environment.

Recency Effect

Refers to the tendency to remember the most recently presented information best.