Which of the Following Is a Reason for Many Developing

question 12

Multiple Choice

Which of the following is a reason for many developing countries to open their economies to free trade?

• A) Domestic producers do not recognize their potential losses.
• B) Customers do not recognize their potential gains.
• C) The government lacks the political will to remove impediments to development.
• D) Consumers and firms are aware of the products and technology available abroad.
• E) The potential winners from free trade remain largely unaware of the gains from trade.

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Definitions:

Situation

A set of circumstances or a state of affairs at a particular time.

Emotion Work

The process of managing one's feelings and expressions based on the social norms of a given situation.

Feeling Rules

Cultural norms or guidelines that dictate the appropriate emotions to be expressed in various social situations.

Emotion Management

Involves people obeying “feeling rules” and responding appropriately to the situations in which they find themselves.