Why Can One Often Ignore the Effect of Trade on Consumers

question 51

Multiple Choice

Why can one often ignore the effect of trade on consumers when analyzing the politics of trade?

• A)Trade has no effect on consumers.
• B)The number of consumers hurt by trade is exactly offset by the number of consumers helped by trade.
• C)Consumers are a large group and the effect of trade on them is dispersed,so they are more likely to suffer collective action problems.
• D)Consumers are allied with labor in developing countries and with capital in developed countries,so we only need to focus on the effect of trade on these factors rather than consumers themselves.

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Definitions:

Postdecisional Dissonance

Postdecisional dissonance is the psychological discomfort experienced after making a difficult choice, often leading individuals to justify their decision or devalue the rejected alternatives to reduce the dissonance.

Selective Exposure

The tendency of individuals to favor information that reinforces their pre-existing views while avoiding contradictory information.

Regret

A feeling of sadness, repentance, or disappointment over something that has happened or been done.

Blascovich and Colleagues

Refers to Jim Blascovich and his research team, known for their work in social neuroscience, including studies on social stress and biopsychosocial models of challenge and threat.