It Is Always the Case That

question 61

Multiple Choice

It is always the case that:

• A)the deadweight loss will be lower with a quota system than a tariff system.
• B)there will be a deadweight loss from imposing tariffs on imports, even though the government may have a need for the revenue from the tariffs.
• C)free trade will lead to a deadweight loss.
• D)the deadweight loss will be lower with a tariff system than a quota system.

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Definitions:

Romantic Relationship

A type of interpersonal relationship that involves emotional and/or physical intimacy, often characterized by passion, commitment, and intimacy.

Personological Approach

A branch of psychology that studies personality as an individual's distinct patterns of thinking, feeling, and behaving, focusing on personal history and life narrative.

Criminal Profiling

The process of identifying probable characteristics of a criminal based on crime scene analysis, victim interactions, and other behavioral patterns.

Henry Murray

An American psychologist who developed the theory of needs, which identified personality in terms of motives and needs.