A "Prisoner's Dilemma" Can Arise When

Multiple Choice

A "prisoner's dilemma" can arise when:

A) two large countries simultaneously and independently apply tariffs on imports from each other.
B) two large countries simultaneously and independently eliminate tariffs on imports from each other.
C) one large country eliminates tariffs on imports from another large country.
D) one small country eliminates tariffs on imports from a large country.