Policymakers will be sufficiently responsive in setting international trade policy objectives that increase opportunities for firms and choices for consumers when _____.

Question

Quizplus · Accepted Answer

Policymakers are more likely to be responsive when they hear from a variety of stakeholders within the trade industry, including retailers, consumers, wholesalers, and manufacturers. This ensures that policy objectives reflect the needs and desires of those who will be impacted by them. The other options presented (adoption of IMF treaty, WTO sanctions, and a performance plan based on customer feedback) may have some impact on policymakers, but they are not as reliable or effective as incorporating input from a diverse set of stakeholders.

Policymakers Will Be Sufficiently Responsive in Setting International Trade Policy