Which of the Following Statements Is True About the Alleged

question 343

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:

Illusory Correlation

The occurrence where one perceives connections among variables (commonly individuals, occurrences, or actions) despite the lack of any actual link.

Experimenter Bias

A process where the scientists conducting an experiment influence the outcome due to subjective expectations or preferences.

Illusory Correlations

The phenomenon when people falsely perceive an association between two events or situations, primarily due to cognitive biases or statistical artifacts.

Independent Variables

Variables in an experiment that are manipulated by the researcher to test their effect on dependent variables.