To Discourage Dumping Activities and to Maintain a Trade Surplus

question 39

Multiple Choice

To discourage dumping activities and to maintain a trade surplus, the government of Alburnark has imposed high taxes on the import of foreign products in the country. In the given scenario, the government of Alburnark has used _____ to restrict imports.

• A) subsidies
• B) tariffs
• C) block grants
• D) quotas

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Definitions:

Conflict

The presence of disagreement, opposition, or struggle between two or more parties, stemming from differences in opinions, values, or interests.

Discontinuity Effect

A social psychology phenomenon where intergroup conflicts are more severe and aggressive than conflicts within groups.

Greater Distrust

A heightened state of skepticism or lack of trust towards individuals, groups, or entities, often based on past experiences or societal influences.

Social Identity Processes

The ways in which individuals identify, categorize, and compare themselves to others within social contexts, affecting group dynamics and personal attitudes.