The Gains from Free Trade Are Enjoyed by a ________

question 111

Multiple Choice

The gains from free trade are enjoyed by a ________ number of people and the costs of free trade are imposed by ________ number of people.

• A) small; large
• B) large; small
• C) small; small
• D) large; large

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Definitions:

Employer Fines

Penalties imposed on employers for violations of employment laws or regulations.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society.

Certainty Avoidance

A cognitive behavior aiming to prevent ambiguity and ensure clarity in communication or information processing.

Power Inequalities

Situations or relationships where there is an uneven distribution of power, authority, or resources among individuals or groups.