Which of the Following Is True

question 167

Multiple Choice

Which of the following is true?
i.Compared to a no-trade situation,in a market with exports,consumer surplus is larger.
ii.Tariffs decrease consumer surplus.
iii.Trade is restricted because protection brings small losses to a large number of people and large gains to a small number of people.

• A) only i
• B) only ii
• C) only iii
• D) i and iii
• E) ii and iii

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Definitions:

Compliance

The act of conforming to or following rules, standards, or laws, or yielding to a request or desire from others.

Obedience

Following orders or directives from an authority figure without questioning.

Milgram's First Series

The initial set of experiments within Milgram's Obedience Studies focused on examining individuals' compliance to authority figures when instructed to perform actions conflicting with their ethics.

Disobedience

The act of refusing to comply with an order, law, or instruction, often resulting from moral, ethical, or personal reasons.