Solved

From a Practical Perspective, Trade Restrictions Are Often Placed Because

Question 161

Multiple Choice

From a practical perspective, trade restrictions are often placed because


A) the World Trade Organization supports restrictions.
B) the United Nations mandates restrictions.
C) losses from implementing the restrictions are diffused among many buyers, while gains from restrictions are concentrated among small groups of workers and producers.
D) buyers are altruistic and want to see domestic jobs protected.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents