A Possible Reason a Nation Might Impose a Restrictive Policy

question 82

Multiple Choice

A possible reason a nation might impose a restrictive policy such as a tariff is to

• A) help domestic firms increase market share relative to their foreign competition.
• B) increase the welfare of domestic consumers.
• C) increase the level of imports.
• D) encourage specialization in the good in which the nation has a comparative advantage.
• E) give consumers more foreign-made options.

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Definitions:

Efficiency

The ability to achieve a desired outcome with the least waste of time, effort, or resources.

Psychotherapy

The treatment of mental disorder or emotional challenges through psychological rather than medical means, involving various therapeutic techniques.

Brain Function

The activities carried out by the brain that enable mental operations, including thought, emotion, and behavior.

Biological Treatments

Medical interventions that address the biological aspects of mental health disorders, including medication, neurosurgery, and electroconvulsive therapy.