In the Past There Have Been Violent Protests Against the World

question 67

Multiple Choice

In the past there have been violent protests against the World Bank and the World Trade Organization.The protesters argued that these institutions promote free trade and also encourage corporations in rich countries to invest in poor countries.The protesters contended that these practices make rich countries richer and poor countries poorer.An economist would

• A)disagree with the protesters because these practices will help make both rich and poor countries richer.
• B)disagree with the protesters about free trade,but would agree with the protesters about corporate investment.
• C)disagree with the protesters about corporate investment,but would agree with the protesters about free trade.
• D)agree with the protesters.

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Definitions:

Committed Position

A committed position is a firm stance taken by a negotiator, indicating a non-negotiable point or a very strong preference.

Bargaining Mix

The range of items or issues that are negotiable within a discussion, which can include tangible and intangible factors.

Commitment Statements

Expressions or declarations made by individuals or groups indicating their intention to adhere to agreements or pursue certain actions.

Extreme Opening Offer

An initial proposal in negotiations that is much higher or lower than what one actually expects to achieve, used as a strategic move.