Which of the Following Describes the Asymmetry Moncur Olson Observed

question 15

Multiple Choice

Which of the following describes the asymmetry Moncur Olson observed in the incentives to support and oppose trade policy?

• A)The benefits of those seeking protection outweigh the costs imposed by the protection.
• B)The benefits of protection are spread out over a large number of firms and industries,but the costs are concentrated on consumers.
• C)The benefits of policy are concentrated,and the costs are spread out over a large number of participants.
• D)The costs of protection are concentrated on a few firms,and the benefits of protection are spread out over a large number of consumers.

---

Definitions:

Canadian Inuit

Indigenous peoples living in the Arctic regions of Canada, known for their rich cultural heritage and adaptations to the cold environment.

Contaminant

A substance that makes something impure or unsuitable by the introduction of unwholesome or harmful elements.

Sea Mammals

Marine animals that are part of the mammalian class, including species such as whales, dolphins, and seals, which are adapted to life in the ocean.

PCBs (Polychlorinated Biphenyls)

A group of man-made organic chemicals consisting of carbon, hydrogen, and chlorine atoms, used in various industrial applications, now banned in many countries due to their environmental persistence and health hazards.