Which of the following is a reason for the lack of political will to remove impediments to development from freer trade?
A)The potential losers fight reforms that might harm their livelihood.
B)Domestic producers do not recognize their losses.
C)Consumers are fully aware of their benefits from freer trade.
D)Losses from freer trade are widespread.
E)The government is unstable and therefore incapable of removing the trade barriers.

Question

Quizplus · Accepted Answer

The potential losers of freer trade, such as domestic producers who face increased competition and potential job losses, often fight against policy reforms that could harm their livelihoods. This opposition can create a lack of political will to remove impediments to development from freer trade.

Which of the Following Is a Reason for the Lack