Use the Following to Answer Questions

question 161

Multiple Choice

Use the following to answer questions:
Figure: International Trade 2
-(Figure: International Trade 2) Refer to the figure. At the tariff equilibrium in this figure, the quantity of imports is ______, which is ______ than at the free trade equilibrium.

• A) 2; 10 units fewer
• B) 2; 6 units fewer
• C) 10; 2 units more
• D) 10; 2 units fewer

---

Definitions:

Conflict

A situation where two or more parties have opposing ideas, interests, or beliefs, leading to a disagreement.

Managers

Are persons who support the work efforts of other people.

Negotiation

The process of discussing and arriving at a mutual agreement between two or more parties with differing interests.

Primary Goals

The main objectives or aims that an individual, group, or organization seeks to achieve in a given timeframe.