A Common Fallacy That Is Used to Oppose Trade Is

question 130

Multiple Choice

A common fallacy that is used to oppose trade is the idea that

• A)the only gains from trade go to the rich, so the poor must lose.
• B)"you get what you pay for."
• C)"if it's not broken, don't fix it."
• D)one country's gain must be another's loss.
• E)what is true for one is true for all.

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Definitions:

Criterion-Related Validity

The extent to which a measure is related to an outcome or criterion, used to predict an individual's performance or behavior in specific contexts.

Test-Retest Reliability

An indicator of how reliably a psychological evaluation or test produces similar results across different time periods.

Valid

Relating to something based on sound reasoning, facts, or logic; often used in the context of arguments, research findings, or legal contracts.

Accurately Measures

The ability to correctly quantify or assess dimensions, quantities, or capacities using instruments or techniques.