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Usually the Imposition of Trade Barriers Affecting a Particular Good

question 50

Multiple Choice

Usually the imposition of trade barriers affecting a particular good benefits ________ people domestically, each of whom gains a ________.

Comprehend how a market system manages business risks.
Grasp the concepts of risk management, including the purpose of insurance.
Differentiate between market and command economies in terms of risk management and economic performance.
Recognize the importance of innovation and consumer sovereignty in the market economy.

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