Answer: The answer is hindsight bias
Explanation:
Hindsight bias : This can be defined as a situation whereby a person forecast the consequence of an event that could happened in the future which eventually happened exactly the way the person had forecasted the event . When an event had occurred, people tend to have the habit of saying that,they knew the consequences of the event happening before it eventually happened. This concept is applicable in the areas of sport for example when someone forecast that his football team is going to beat their opponent by two goals to one and it eventually happened the way the person had predicted it. It can also be applicable in the areas of politics, for example when someone had forecasted that the candidate for their party in the forthcoming election will win the election by a wide margin to beat the other contestant in the election, and it happened exactly the person had predicted it. Therefore, in the event described in the question, the research is known as hindsight bias.
Answer:
In My Knowledge
it explains that our memory is vague
Answer:
non-tariff barrier
Explanation:
Based on the information provided within the question it can be said that this can be referred to as a non-tariff barrier. this term refers to a trade restriction which is not a tariff and is instead anything else such as quotas, embargoes, sanctions, or in this case unnecessary inspections. Since the inspectors are forced to inspect every single watch as thoroughly as possible wasting time and money for the person shipping the product.
D, it was a huge employer, helping the economy
