Export Restrictions Have a Tendency to ________

question 46

Multiple Choice

Export restrictions have a tendency to ________.

• A)favor domestic consumers
• B)protect employment in the export-restricted industries
• C)lower prices in foreign markets
• D)encourage the development of substitutes in the restricting country

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Definitions:

Persuasion

The act of convincing someone to do or believe something through reasoning or the use of another method.

Financial Investment

An allocation of resources, typically money, into assets or endeavors expected to generate financial returns or growth over time.

Elaboration Likelihood Model

Theory identifying two ways to persuade: a central route and a peripheral route.

Persuade

The act of convincing someone to do or believe something through reasoning or argument.