The last major trade bill designed to adjust the general level of U.S. tariffs was passed in

Collective decision making costs _____

a. decrease as we get closer to unanimity b. increase as more people have to agree c. are an impediment to individual action d. are the reason why simple majority rule is always optimal

Governments and legislatures can erect barriers to entry. Which of the following would NOT be one of them?

A) licenses B) tariffs C) patents D) laws that ensure property rights