Decisions May Be Unethical, but They Will Rarely Cause Harm

question 15

True/False

Decisions may be unethical, but they will rarely cause harm to anyone.

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Definitions:

Trade Restrictions

Measures implemented by governments to regulate international trade, including tariffs, quotas, and import bans, aimed at protecting domestic industries.

Gold Standard

A financial structure in which gold directly determines the value of a country's paper currency.

Tariffs

Taxes imposed by a government on goods and services imported from other countries, used to restrict trade and raise government revenue.

Quotas

Numerical limits imposed on the quantity of a specific good that may be imported.