Suppose a Country Becomes More Open to Trade and Imports

question 17

Multiple Choice

Suppose a country becomes more open to trade and imports increase.This means that:

• A)everyone in the country benefits from trade
• B)the losses of the losers is less than the gains of the winners
• C)the losses of the losers exceed the gains of the winners
• D)everyone in the country loses from the trade

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience, often invested in individuals or organizations by social or legal means.

Social Interest

A concept developed by Alfred Adler, referring to an individual's attitude towards and awareness of being a part of the human community.

Community Feeling

A sense of belonging and mutual responsibility towards others within a group or society.

Hostility

A negative, antagonistic attitude or state of aggression towards others or oneself.