Use the Information Below to Answer the Following Questions

question 101

Multiple Choice

Use the information below to answer the following questions.
Fact 31.3.2
With free trade between Australia and Canada, Australia would export beef to Canada. But Canada imposes an import quota on Australian beef.
-Refer to Fact 31.3.2. If Canada imposes an import quota on Australian beef, the price that Canadian consumers pay for beef will ________ and the quantity of beef produced in Canada will ________.

• A)not change; decrease
• B)not change; increase
• C)rise; not change
• D)rise; increase
• E)fall; decrease

---

Definitions:

Self-serving Bias

The tendency to attribute positive events to one's own character but attribute negative events to external factors.

Defensive Self-esteem

A form of self-esteem that is fragile and vulnerable, often resulting in defensive reactions to criticism or perceived threats.

Possible Selves

Concepts individuals hold about who they might become, who they hope to become, or who they fear becoming in the future.

Self-efficacy

Someone's conviction in their competence to perform tasks needed for certain achievements.