The Factor and Sector Models Both Argue That

question 8

Multiple Choice

The factor and sector models both argue that

• A) globalization is good.
• B) globalization is not good.
• C) trade policy preferences are not determined by the income consequences of trade.
• D) trade policy preferences are determined by the income consequences of trade.
• E) trade politics is driven by the conflicts between business and labor.

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Definitions:

Cognitive Appraisal

The process of evaluating a situation in terms of its relevance to one's well-being and determining the appropriate reaction.

Physiological Arousal

Refers to the physical responses of the body, such as increased heart rate and sweating, that accompany emotions and cognitive states.

Emotional Preference

A term indicating an individual's tendency to favor decisions or reactions based on emotions rather than rational analysis.

Robert Zajonc

A psychologist known for his work on the mere-exposure effect and social facilitation, focusing on the interplay between feeling and thinking.