In the Last Few Decades, Tariffs in Developing Countries Have

question 48

Multiple Choice

In the last few decades, tariffs in developing countries have:

• A) fallen by more than 20 percent.
• B) risen by more than 20 percent.
• C) fallen to 20 percent of their GDP.
• D) risen to 20 percent of their GDP.

---

Definitions:

Representativeness

The degree to which a sample or instance accurately reflects the characteristics of a larger group.

Randomness

The occurrence of events without any predictable pattern or order.

Uncertainty

The state of being uncertain; situations in which outcomes, responses, or effects are unpredictable or unknown.

Framing

The way information is presented or communicated, which can influence an individual's understanding, interpretation, and decision-making.