One Reason for the Success That Firms Have in Getting

question 128

Multiple Choice

One reason for the success that firms have in getting the government to erect barriers to foreign competition is that jobs lost to foreign competition are easy to identify but jobs created by foreign trade are often hard to identify.Which of the following is a second reason?

• A)The costs that tariffs and quotas impose on consumers are large in total but relatively small per person.
• B)People who benefit from foreign trade tend not to vote in elections; people who are harmed by foreign trade are much more likely to vote.
• C)Firms that benefit from trade barriers have more money to lobby government officials to support the barriers than do firms that are harmed by trade barriers.
• D)The benefits from free trade are less than the costs.

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Definitions:

Dying Role

The social behaviors and expectations associated with individuals who are in the final stages of life, addressing how they and others process and accept the end-of-life stage.

Kübler-Ross

Refers to a model that outlines the five stages of grief: denial, anger, bargaining, depression, and acceptance, often related to terminal illness or loss.

Stages of Dying

A framework outlining the typical phases someone may go through as they approach death, often emotional and psychological processes.

Terminal Illness

A disease or condition that is ultimately fatal, with no potential for cure or significant prolongation of life.