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Economics Mcqs
Q
Concerning a government’s trade policy, all the following generally apply except ?
AA. Economic downturn and recession generally result in greater protectionism
BB. Because domestic consumers outnumber domestic producer’s policy markers usually enact free-trade policies to satisfy the consumer majority:
CC. When domestic exporting companies are organized, policy tends to favor freer trade
DD. Policy tends to favor freer trade in countries whose imports are inputs into critical industries
Correct Answer:
B. B. Because domestic consumers outnumber domestic producer’s policy markers usually enact free-trade policies to satisfy the consumer majority: