Asked by Lucia Callista on May 05, 2024

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​Which of the following creates an obstacle to pursuing freer international trade?

A) Consumers do not recognize their potential gains.
B) Losses are widespread.
C) Domestic producers do not recognize their potential losses.
D) Government has plenty of political will and support to remove trade barriers.
E) Consumers can easily organize to demand free trade.

Freer International Trade

The reduction or elimination of barriers to exchange and trade between countries, such as tariffs and quotas.

Trade Barriers

Measures implemented by countries to regulate or limit international trade, including tariffs, quotas, and non-tariff barriers.

Political Will

The commitment of political leaders to undertake actions and policies, especially those that are difficult or controversial, to achieve specific outcomes.

  • Recognize obstacles and political challenges to implementing freer international trade.
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AB
Anthony BoldenMay 06, 2024
Final Answer :
A
Explanation :
Consumers often do not recognize their potential gains from freer international trade, such as lower prices and more variety, which can create an obstacle to pursuing it. This is because the benefits are dispersed among many people and may not be immediately apparent, while the costs, such as job losses in certain industries, are more concentrated and visible.