When a Certain Nation Abandoned a Policy of Prohibiting International

question 234

Multiple Choice

When a certain nation abandoned a policy of prohibiting international trade in automobiles in favor of a free-tree policy,the result was that the country began to import automobiles.The change in policy improved the well-being of that nation in the sense that

• A)both producers of automobiles and consumers of automobiles in that nation became better off as a result.
• B)the gains to automobile producers in that nation exceeded the losses of the automobile consumers in that nation.
• C)the gains to automobile consumers in that nation exceeded the losses of the automobile producers in that nation.
• D)even though total surplus in that nation decreased,it was still true that consumer surplus and producer surplus increased.

---

Definitions:

Caudate Nucleus

A brain structure known to play significant roles in learning, memory, reward processing, motivation, and movement.

Hippocampus

A region of the brain important for learning and memory, particularly in consolidating short-term memories into long-term memories.

Amygdala

A part of the brain's limbic system involved in emotion processing, particularly fear and pleasure responses.

Fusiform Gyrus

A region of the human brain that plays a role in high-level visual processing, particularly in face and object recognition.