Trade bargaining can resemble a Prisoner's Dilemma for all of the following reasons EXCEPT:
A) two trading countries will be better off if they trade with one another.
B) each country fears the other will impose tariffs or nontariff barriers.
C) there is no way to guarantee that other states will comply with a trade agreement.
D) repeated trade interactions can reduce the likelihood that the other will cheat.
E) countries can become trapped in free-trade agreements they cannot leave.
Correct Answer:
Verified
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