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:

Different Treatment

The act of treating someone or something in a distinct manner from others, which can be based on various factors like age, gender, or race.

Business Insurance

Coverage that provides protection against risks faced by a business, including property damage, liability, and loss of income.

Types of Insurance

Various categories of insurance coverage, including life, health, auto, and property, designed to protect against financial losses.

Business Person

An individual who engages in activities related to the purchase, sale, or exchange of goods or services with the intent of generating profit.