Professor Daniel Trefler at the University of Toronto Concluded That

question 3

Multiple Choice

Professor Daniel Trefler at the University of Toronto concluded that Canada _____ from free trade with the United States because _____.

• A) gained; trade creation exceeded trade diversion with the United States
• B) lost; trade diversion exceeded trade creation with the United States
• C) first gained, then lost; trade diversion exceeded trade creation after NAFTA was fully implemented
• D) neither gained nor lost; trade creation equaled its trade diversion with the United States

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Definitions:

James-Lange Theory

The theory that emotions are the result of the perception of physiological responses to external events.

Emotion

An intricate mental condition characterized by someone's own perception, bodily responses, and manner of behavior or expression.

Appraise

To evaluate or estimate the nature, quality, ability, extent, or significance of something.

James-Lange Theory

A theory of emotion suggesting that physiological arousal precedes the experience of emotion, thus emotions are the result of the interpretation of bodily responses.