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:

Government-Funded Health Care

A type of health care system where the government pays for the health services through taxpayer funds.

Inductive Reasoning

A method of reasoning in which specific observations or measurements are used to create general principles or conclusions.

Deductive Reasoning

An intellectual procedure where a final judgment is derived from the consistency of numerous assumptions typically considered true.

Adolescent Egocentrism

A characteristic of teenage thinking that leads to a focus on oneself and how one is perceived by others.