Why would some domestic interests oppose policies that foster economic development in their own country?
A)Businesses that want to innovate fear that the policies will encourage a government to expropriate their assets.
B)Some people want policies to fail,so they can use the economic crisis as an excuse to leave the country.
C)Some groups want to ensure that they have secure property rights.
D)Urban factory owners do not want cities overrun with unskilled rural workers as a result of policies that encourage urbanization.
E)Groups who receive special concessions from government do not want to lose their privileges.

Question

Quizplus · Accepted Answer

Groups who receive special concessions from government, such as subsidies, tax breaks or protectionist policies, may oppose policies that foster economic development because they fear they will lose those privileges. For example, a group of domestic producers who benefit from tariffs on imported goods may lobby against a policy that would reduce or eliminate those tariffs because they would face increased competition from foreign companies. Similarly, businesses that enjoy favorable treatment from the government, such as access to cheap credit, government contracts or licenses, may oppose policies that would level the playing field and promote more open and competitive markets.

Why Would Some Domestic Interests Oppose Policies That Foster Economic