Which of the Following Statements Concerning a Voluntary Export Restraint

question 27

Multiple Choice

Which of the following statements concerning a voluntary export restraint is false?

• A)It benefits domestic producers by limiting import competition
• B)In most cases,it benefits consumers
• C)It raises the domestic price of an imported good
• D)It is a variant of the import quota

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Definitions:

Reaction Formation

A defense mechanism where an individual behaves in a manner opposite to their actual feelings or desires, often to hide those feelings.

Rationalization

A defense mechanism in which controversial behaviors or feelings are justified and explained in a seemingly rational or logical manner to avoid the true explanation.

Projection

A defense mechanism in psychology where an individual attributes their own unwanted emotions, desires, or impulses onto someone else.

Displacement

A psychological defense mechanism where emotional impulses are redirected from a real object to a safer substitute target.