The fact that trade policy often imposes harm on large numbers of people,and benefits only a few may be explained by

Name: The fact that trade policy often imposes harm on large numbers of people,and benefits only a few may be explained by
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Question

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The problem of collective action explains how small groups with concentrated benefits (like industries) can organize more effectively than large groups with dispersed costs (like consumers), leading to policies that benefit the few at the expense of the many.

The Fact That Trade Policy Often Imposes Harm on Large