Which of the Following Is True of Trade Diversion

question 19

Multiple Choice

Which of the following is true of trade diversion?

• A) It increases the purchasing power of consumers.
• B) It increases the level of trade between nonmember nations.
• C) It generally increases the prices of products in a nation.
• D) It guarantees consumers a wider selection of goods.

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Definitions:

Influence Tactic

Methods or strategies used by individuals or groups to alter or control the behavior or attitudes of others.

Political Power

The capacity or ability of an individual or group to influence the actions, beliefs, or conduct of others within a political context.

Norms

Established standards of behavior or guidelines that are considered normal, appropriate, or acceptable within a group or society.

Soft Influence Tactics

Strategies used to persuade or influence others in a non-coercive way, such as through personal appeal or logical argument.