Empirical Studies Show That Because Voluntary Export Quotas Are Typically

question 79

Multiple Choice

Empirical studies show that because voluntary export quotas are typically administered by exporting countries,foreign exporters tend to:

• A) Raise their export prices,thus capturing much of the quota's revenue effect
• B) Lower their export prices,thus losing much of the quota's revenue effect
• C) Raise their export prices,thus selling more goods overseas
• D) Lower their export prices,thus selling fewer goods overseas

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Definitions:

Rational Emotive Therapy

A form of psychotherapy that identifies irrational beliefs, challenges them, and encourages the development of more rational and adaptive thoughts and behaviors.

Cognitive Therapy

Form of psychotherapy that focuses on how a person’s thoughts lead to feelings of distress, with the aim of helping them change these irrational thoughts.

Transference

Process in psychoanalysis in which the patient transfers all of the positive or negative emotions associated with the patient’s other relationships to the psychoanalyst.

Aversive Conditioning

Counterconditioning technique that pairs an unpleasant stimulant with an undesirable behavior.