Which of the following is NOT a reason people tolerate tariffs and quotas?
A) Ignorance
B) Their personal jobs depend on tariffs and quotas.
C) Costs may be hidden and hard to quantify.
D) Costs of the policy are spread over a large number of people.
E) The marginal expenses to fight the protection outweigh the personal marginal costs of the protection.
Correct Answer:
Verified
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