To prevent a trade from occurring by forming a coalition and offering each person in the coalition more than they receive from the current proposed trade is to
A) optimize
B) collude
C) block

Question

Quizplus · Accepted Answer

This is describing a strategy to block a trade from occurring by forming a coalition (group) and jointly offering each person in the coalition more than they would receive from the current proposed trade. This would make it more attractive for each member to reject the current trade and instead side with the coalition. This strategy is known as blocking. A is incorrect because optimizing refers to maximizing or optimizing a specific outcome, which is not what is being described here. B is incorrect because colluding suggests that parties are working together to achieve a specific goal, which may or may not involve preventing a trade from occurring.

To Prevent a Trade from Occurring by Forming a Coalition