The Idea That There Are Winners and Losers from Trade

question 12

Multiple Choice

The idea that there are winners and losers from trade and that people are affected differentially by events--such as changes in taxation and tariffs--is best defined as ______.

• A) differential effects
• B) diverging effects
• C) distributional effects
• D) distinct effects

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Definitions:

Apgar

A quick test performed on a newborn at 1 and 5 minutes after birth to assess their physical condition and determine any immediate need for extra medical or emergency care.

Neurological Problems

Issues or abnormalities in the nervous system, including the brain, spinal cord, and nerves, that can affect movement, cognition, and sensations.

Daddy Hormones

A colloquial reference to physiological changes in hormone levels observed in some men during their partner's pregnancy or after the birth of their child.

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also associated with empathy, trust, sexual activity, and relationship-building.