Which of the following describes the asymmetry Moncur Olson observed in the incentives to support and oppose trade policy?

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Moncur Olson observed that the benefits of policy are concentrated, and the costs are spread out over a large number of participants. This makes it easier for the concentrated groups to organize and lobby for protection, while the diffuse groups are less likely to do so. As a result, protectionist policies may be more likely to be enacted even if they are not in the best overall interest of the economy.

Which of the Following Describes the Asymmetry Moncur Olson Observed