The Term Logrolling Describes

question 141

Multiple Choice

The term logrolling describes

• A) government spending programs financed with user charges.
• B) the exchange between legislators of their votes on issues.
• C) the actions of legislators who are willing to trade their political votes for campaign contributions from special interest groups.
• D) government spending programs that primarily benefit loggers and other forest workers.

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Definitions:

Comparative Advantage

The ability of an individual or group to carry out a particular economic activity more efficiently than another activity.

World Price

The international market price for a product, influenced by global supply and demand.

Domestic Price

The price of goods and services within a country's borders as opposed to international or world prices.

Comparative Advantage

An economic term that refers to an economy's ability to produce goods and services at a lower opportunity cost than that of trade partners.