Author Question: The fact that trade policy often imposes harm on large numbers of people, and benefits only a few ... (Read 81 times)

karlynnae · **on:** Jun 30, 2018

The fact that trade policy often imposes harm on large numbers of people, and benefits only a few may be explained by

A) the lack of political involvement of the public.
B) the power of advertisement.
C) the problem of collective action.
D) the basic impossibility of the democratic system to reach a fair solution.
E) a cycle of political corruption.

Question 2

If a country chooses to have a monetary policy oriented toward domestic goals and the freedom of international capital movements, then

A) it can have a fixed exchange rate.
B) it cannot have a fixed exchange rate.
C) it cannot balance its current account.
D) it cannot have a fiscal policy oriented toward domestic goals.
E) it cannot control money supply growth.