In Most Cases, Countries Use Tariffs to Reduce Foreign Competition

question 48

Multiple Choice

In most cases, countries use tariffs to reduce foreign competition, but tariffs are also used

• A)to shorten supply chains.
• B)as a response to perceived unfair trade practices.
• C)to offer domestic discounts to large businesses.
• D)to stimulate consumer demand.
• E)to equalize quotas.

---

Definitions:

Natural Mimicry

The adaptation process where an organism evolves to resemble another organism or object in its environment for survival benefits.

Empathize

Being able to grasp and connect with the emotions of another individual.

Deindividuation

A psychological state where individuals lose their self-awareness and sense of individuality, often leading to disinhibited behavior within group settings.

Social Loafing

A phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.