Suppose American winemakers convince the federal government to issue a directive to serve only domestically produced wine at government functions. This would be an example of

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Quizplus · Accepted Answer

This is an example of rent-seeking behavior, as American winemakers are using their political influence to gain an advantage over foreign competitors. By limiting competition in this way, they hope to increase their profits and market share.

Suppose American Winemakers Convince the Federal Government to Issue a Directive