One reason why there may be a bias against free trade is that
A)those harmed by trade have a powerful incentive to lobby against it
B)people prefer domestically-produced goods to foreign-produced goods
C)people prefer foreign-produced goods to domestically-produced goods
D)the terms of trade are too low
E)the exchange rate is too high

Question

Quizplus · Accepted Answer

Those who are harmed by trade, such as workers in industries that face competition from cheaper foreign imports, may have a powerful incentive to lobby against free trade. This can create a bias against free trade in certain groups and industries, even though free trade can have overall benefits for the economy as a whole.

One Reason Why There May Be a Bias Against Free