The Gains from Free Trade Are Enjoyed by a ________

question 23

Multiple Choice

The gains from free trade are enjoyed by a ________ number of people and the costs of free trade are imposed on a ________ number of people.

• A)small;large
• B)large;small
• C)small;small
• D)large;large
• E)We can't determine the relative number of people who benefit and lose from free trade.

Recognize the differences between the markets for "farm products" and "food products".

Analyze the effects of bumper crops and poor crops on farm incomes and prices.

Understand the role of international factors, such as trade relations and the value of the dollar, on U.S. agriculture.

Identify the long-term trends in U.S. agriculture, including changes in farm employment, farm size, and the contribution of agriculture to GDP.

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Definitions:

Transactional Model

A communication framework emphasizing the dynamic and reciprocal exchange of information between senders and receivers.

Lazarus and Folkman

Psychologists known for their development of stress appraisal and coping theory, which examines how individuals evaluate and manage stress.

Health Belief Model

A psychological model used to explain and predict health behaviors by focusing on the attitudes and beliefs of individuals.

Overweight Woman

A female characterized by having excess body weight or fat, which may impact health.