Objections to free trade

a. arise because trade harms everyone
b. arise when some groups within a nation are harmed by trade
c. arise because importers and exporters are often the same people
d. are inconsistent with economic rationality
e. arise because people prefer not to consume foreign-produced goods

B

Economics

You might also like to view...

A positive, pure income effect can be obtained by

A) increasing the real wage. B) increasing the tax. C) increasing the dividend. D) decreasing leisure.

Economics

The difference between the money rate of interest and the real rate of interest is often called the

a. real balance effect. b. prime interest rate. c. inflationary premium. d. discount rate.

Economics