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samoo1 samoo1
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7 years ago
What is the most likely reason that consumers rarely protest import restrictions that raise the prices they pay for a specific product?
A) They reason that if the import restrictions are removed, the foreign producers will raise their prices to those of the domestic producers anyway.
B) Many countries prohibit consumers to band together to influence political actions.
C) Typically, although the added costs to consumers for a given product are high in aggregate, they are fairly trivial for most individual consumers.
D) They reason that if they do something to hurt domestic employment for one product, the displaced workers will then do something that will hurt their own employment.
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International Business

International Business


Edition: 15th
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Studying law and politics at NYU
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KitechiKitechi
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7 years ago
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samoo1 Author
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Just got PERFECT on my quiz
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Thanks for your help!!
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