Which of the Following Probably Best Explains Why Trade Restrictions

question 81

Multiple Choice

Which of the following probably best explains why trade restrictions are imposed even if the costs to consumers are greater than the benefits to protected industries?

• A)Indifference on the government's part to the interests of domestic workers
• B)A desire to make other countries suffer
• C)Successful lobbying by consumers
• D)Successful lobbying by employers and workers
• E)The government's preference to safeguard the interest of the producers at the expense of the consumers

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Definitions:

Beliefs

Beliefs are convictions or acceptances that something exists or is true, especially without proof.

Beliefs

Cognitive content held as true by an individual or group, often without empirical evidence.

Attitudes

An individual's evaluations, feelings, and tendencies toward an object or idea, which can influence behavior and perceptions.

Rationalize Occurrences

The process of providing reasonable explanations for events, often to justify one's own behavior or beliefs, even if the explanations are not based on facts.