Which Statement Best Describes the Effects of Trade Policies

question 93

Multiple Choice

Which statement best describes the effects of trade policies?

• A) Trade policies affect the trade balance, plus all industries in the same ways.
• B) Trade policies affect the trade balance, plus some industries differently than others.
• C) Trade policies do not affect the trade balance, but they affect some industries differently than others.
• D) Trade policies do not affect the trade balance, but they affect all industries in the same ways.

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Definitions:

Cardinal Trait

A characteristic or feature that is so dominant in an individual's personality that it influences nearly all of their actions and attitudes.

Dominates

To have a commanding influence on; exercise control over.

Personality Trait

A characteristic or quality that defines an individual's consistent behaviors and attitudes over time.

Traits

Characteristic patterns of thoughts, feelings, and behaviors that are relatively stable across time and situations, contributing to individual differences.