Effects of Tariffs and Quotas Include All of the Following

question 11

Multiple Choice

Effects of tariffs and quotas include all of the following EXCEPT

• A) comparative advantage of supplying nations is not diminished.
• B) the development and expansion of inefficient industries.
• C) less international trade.
• D) higher costs for consumers.
• E) supplying countries have a smaller market in the to which they export.

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Definitions:

Criticized Severely

Subjected to intense and harsh judgment or scrutiny, often in a manner that is demotivating or damaging to the recipient's well-being.

Introverted

Introverted individuals tend to be inward turning, or focused more on internal thoughts, feelings, and moods, rather than seeking external stimulation.

Dissociative Identity Disorder

A psychiatric condition where an individual has two or more distinct personality states.

Role-Playing

A method of learning or therapy in which individuals assume roles and act out characters in specified situations.