Which of the Following Statements Is True

question 254

Multiple Choice

Which of the following statements is true?

• A)Free trade benefits a country when it exports but harms it when it imports.
• B)"Voluntary" limits on Canadian exports of hogs are better for the United States than U.S.tariffs placed on Canadian hog exports.
• C)Tariffs and quotas differ in that tariffs work like a tax and therefore impose deadweight losses,whereas quotas do not impose deadweight losses.
• D)Free trade benefits a country both when it exports and when it imports.

---

Definitions:

Sense Of Hearing

The ability to perceive sound by detecting vibrations, changes in the pressure of the surrounding medium through time, through an organ such as the ear.

Bilateral

Involving or relating to two sides; affecting or pertaining to both sides of something.

Pressure Changes

Variations in the force exerted by a fluid or gas on its surroundings, which can affect weather, physical health, and mechanical operations.

Auditory System

The sensory system that includes the ears and the brain structures that process sound.