Which of the Following Creates an Obstacle to Pursuing Freer

question 5

Multiple Choice

Which of the following creates an obstacle to pursuing freer international trade?

• A)Consumers do not recognize their potential gains
• B)Losses are widespread
• C)Domestic producers do not recognize their potential losses
• D)Government has plenty of political will and support to remove trade barriers
• E)Consumers can easily organize to demand free trade

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Definitions:

Money Supply

The total amount of monetary assets available in an economy at a specific time, including cash, bank deposits, and other liquid assets.

Investment

The allocation of resources, such as capital or time, in expectation of generating a profit or income.

Industry Life Cycle

Stages through which firms typically pass as they mature.

Market Penetration

A measure of the extent of sales or adoption of a product or service compared to the total theoretical market for that product or service.