When considering rent seeking, which of the following is true?
A) Only the pro- free trade group is concerned about the government's revenue from tariffs.
B) The pro- free trade group generally will lobby more than the anti- free trade group.
C) Usually only the anti- free trade group is concerned about what is best for society at large.
D) The anti- free trade group generally will lobby more than the pro- free trade group.

Question

Quizplus · Accepted Answer

The anti-free trade group often lobbies more than the pro-free trade group because they seek to protect their specific interests (such as domestic industries) from foreign competition through tariffs and other trade barriers, which is a form of rent-seeking behavior.

When Considering Rent Seeking, Which of the Following Is True