What Is the Primary Ethical Concern Regarding the Import of Products

question 84

Multiple Choice

What is the primary ethical concern regarding the import of products from poor countries?

• A) Higher tariffs hurt poor nations more than developed nations.
• B) Nations lacking economic freedom cannot afford to export.
• C) Emerging nations use government intervention to protect domestic industries.
• D) Lack of subsidies adversely affects poor countries.

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Definitions:

GDP

Gross Domestic Product represents the sum value of all products and services generated within a country's boundaries during a certain timeframe.

Consumption of Services

The action of using services offered in the economy, which can include healthcare, education, and entertainment among others.

Big State University

A hypothetical or generic large public university often used in academic examples.

Tuition

The fee charged for instruction or education, typically by an educational institution such as a school or university.