Which of the Following Is Not a Disadvantage of Government

question 15

Multiple Choice

Which of the following is not a disadvantage of government intervention in trade policy?

• A) Intervention can be self-defeating, since it tends to protect the inefficient rather than help firms become efficient global competitors
• B) Intervention in the form of tariffs, quotas, and subsidies can help firms and industries establish a competitive advantage in the world economy
• C) Intervention is unlikely to be well executed, since it may invite retaliation and trigger a trade war
• D) Intervention is dangerous, since it may invite retaliation and trigger a trade war
• E) None of these answers is correct

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Definitions:

Positive Punishment

A concept in behavioral psychology where an undesirable stimulus is introduced following a behavior to decrease that behavior's frequency.

Secondary Learning

The process of acquiring knowledge or skills that builds upon or derives from previously learned primary concepts or abilities.

Social Learning Theory

A theory that proposes learning occurs in a social context and that people learn from one another through observation, imitation, and modeling.

Traditional Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning without considering thoughts or feelings.