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The Japanese people currently pay about 4 times the world price for rice. If Japan removed its trade barriers so that Japanese consumers could buy
The Japanese people currently pay about times the world price for rice. If Japan removed its trade barriers so that Japanese consumers could buy rice at the world price, who would make a greater effort lobbying for or against this reduction to trade barriers: Japanese consumers or Japanese rice famers?
a Japanese consumers would lobby harder since their potential gain as a whole is larger than the potential loss of farmers as a whole.
b Japanese farmers would lobby harder since their potential loss as a whole is larger than the potential gain of consumers as a whole.
c Japanese farmers would lobby harder since their losses are concentrated in a smaller group than the gains to consumers.
d Japanese consumers would lobby harder, since their gains are spread over a larger group than the gains to farmers.
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