In Recent Years,World Trade Organization Talks on Trade Liberalization Have

question 178

Multiple Choice

In recent years,World Trade Organization talks on trade liberalization have been disrupted by protestors who have included all of the following groups except

• A) farmers.
• B) business leaders.
• C) environmentalists.
• D) labour unions.
• E) social activists.

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Definitions:

Overconfident

A psychological state characterized by an individual's unwarranted belief in their own abilities or the accuracy of their knowledge, often leading to risk-taking behaviors.

Base-Rate Information

Statistical information about the frequency of events or characteristics within a given population.

Availability Heuristic

An intuitive leap based on readily recalled examples when considering a particular subject, notion, approach, or judgment.

Representativeness Heuristic

The representativeness heuristic is a cognitive bias in which an individual categorizes a situation based on how similar the aspects are to the prototypes the person holds in their mind.