A Common Argument in Favor of Restricting International Trade in Good

question 21

Multiple Choice

A common argument in favor of restricting international trade in good x is based on the premise that

• A)international trade reduces total surplus in countries that export good x.
• B)international trade reduces total surplus in countries that import good x.
• C)international trade is desirable only when countries with different domestic supplies of natural resources play by different rules when trading with one another.
• D)trade restrictions can be useful when one country bargains with its trading partners.

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Definitions:

Adapt

To adjust or change one's behavior or thinking to suit a new situation or environment.

Conditioned Stimulus

A neutral stimulus that, through repeated pairings with an unconditioned stimulus, comes to evoke a conditioned response.

Unconditioned Stimulus

A stimulus (e.g., meat powder) that naturally evokes a particular response (salivation).

Unconscious Evaluations

Judgments or assessments made without conscious awareness, often based on automatic cognitive processes.