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Multiple Choice
Why might consumers support free trade while workers in specific industries oppose it?
A
Because consumers expect short-term unemployment to fall under free trade, while workers worry that it will increase costs for domestic producers.
B
Because consumers assume free trade raises government tariff revenue to fund public goods, while workers oppose it because it lowers product quality.
C
Because consumers believe free trade will protect domestic industries through increased exports, while workers fear more foreign ownership of firms.
D
Because consumers gain from lower prices and greater variety, while workers in import-competing industries face concentrated job losses and wage pressure.