Which of the Following Policy Objectives Can Sometimes Lead a Government

question 71

Multiple Choice

Which of the following policy objectives can sometimes lead a government of a small economy to rationally oppose free trade?

• A)to protect against low- wage labour from abroad
• B)to raise average living standards
• C)to maximize national income
• D)to diversify production in the domestic economy
• E)to prevent domestic currency from going abroad

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Definitions:

Middle Life

A period of human life, typically between young adult and old age, marked by the presence of mid-life transitions and reevaluations.

Ageism

Prejudice or unfair treatment towards people due to their age, directed at individuals or groups.

Collectivist Cultures

Societies or groups where individuals prioritize the goals, norms, and values of the group over personal interests or desires.

Native American

Indigenous peoples of the Americas including First Nations, Inuit, and Métis communities.