Why do politicians so often resist free trade and "globalization"?
A) Free trade does not benefit the economy as a whole.
B) Specific groups may not benefit from free trade.
C) Free trade does not benefit the global economy.
D) Free trade usually hurts the consumers.
E) Free trade usually leads to overproduction of resources.
Correct Answer:
Verified
Q30: If the world price is greater than
Q31: Consumers of imported goods are _ as
Q32: The workings of the free market ensure
Q33: Consumers of imported goods are _ as
Q34: Under free trade,countries will _ goods for
Q36: The price at which a good or
Q37: If the world price is less than
Q38: The winners from trade are the _
Q39: A quota is a
A) legal limit on
Q40: If trade is unrestricted,countries will _ goods
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