Which of the Following Statements Is True About the Alleged

question 151

Multiple Choice

Which of the following statements is true about the alleged benefits and adverse effects of trade barriers?

• A) The alleged benefits like "saved jobs" are limited to a narrow sector of the economy and clearly seen by the general public, while the adverse effects tend to be obscure and
• Dispersed.
• B) The general public does not have much interest in trade and trade barriers because their effects are very small.
• C) The alleged benefits of trade barriers tend to be spread over the whole economy, while their adverse effects are narrow and concentrated on a small sector.
• D) The U.S. does not really have any significant trade barriers. That's why there is not much debate about them.

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Definitions:

Happiest

Experiencing or characterized by the highest degree of pleasure, satisfaction, or contentment.

Widow

A woman whose spouse has died and who has not remarried.

Divorced

The legal dissolution of a marriage by a court or other competent body, restoring the parties to the state of being single.

Filial Responsibility

A legal or social expectation that children are obligated to take care of their aging parents.