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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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8 years ago
One reason for the success that firms have in getting the government to erect barriers to foreign competition is that jobs lost to foreign competition are easy to identify but jobs created by foreign trade are often hard to identify. Which of the following is a second reason?
A) The costs that tariffs and quotas impose on consumers are large in total but relatively small per person.
B) People who benefit from foreign trade tend not to vote in elections; people who are harmed by foreign trade are much more likely to vote.
C) Firms that benefit from trade barriers have more money to lobby government officials to support the barriers than do firms that are harmed by trade barriers.
D) The benefits from free trade are less than the costs.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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SydnieSydnie
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8 years ago
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Tidy Author
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8 years ago
Thank you, thank you, thank you!
shimyshiguy
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jodie1
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2 hours ago
Brilliant ツ
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