Which of the Following Creates an Obstacle to Pursuing Freer

question 5

Multiple Choice

Which of the following creates an obstacle to pursuing freer international trade?

• A)Consumers do not recognize their potential gains
• B)Losses are widespread
• C)Domestic producers do not recognize their potential losses
• D)Government has plenty of political will and support to remove trade barriers
• E)Consumers can easily organize to demand free trade

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Definitions:

Third-Party

An entity that is involved in a transaction or legal matter indirectly, separate from the two principal parties directly involved.

Promise

An assurance given by one party to another agreeing to do or not do something in the future.

Insolvent

Refers to the condition of an individual or entity that cannot pay its debts when they are due.

Serve Process

The procedure by which a party to a lawsuit gives an appropriate notice of initial legal action to another party (defendant or respondent) in order to exercise jurisdiction over that person.