Usually the Removal of Trade Barriers Affecting a Particular Good

question 65

Multiple Choice

Usually the removal of trade barriers affecting a particular good benefits ________ people domestically,each of whom gains a ________.

• A)a few;little
• B)a few;lot
• C)many;little
• D)many;lot
• E)We can't determine the relative benefits from the removal of trade barriers.

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Definitions:

Physical Injury

Damage to a person's body as a result of an accident or violence, distinct from emotional or psychological harm.

Strict Liability

Liability in which responsibility for damages is imposed regardless of the existence of negligence. Also called liability without fault.

CD's

Certificates of Deposit, a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements.

Second Sale

The sale that occurs subsequent to an initial purchase, often used in retail or property contexts.