Which of the Following Are Reasons Economists Consider Valid for Trade

question 52

Multiple Choice

Which of the following are reasons economists consider valid for trade protection? I.Protection penalizes countries that have weak environmental standards.
II.Protection limits dumping of low-wage jobs into the domestic economy.
III.Protection prevents low-wage jobs in foreign countries from lowering wages in Canada.

• A)I and II
• B)II and III
• C)I,II,and III
• D)I and III
• E)None of the above

Identify the laws regulating international business ethics, particularly the Foreign Corrupt Practices Act.

Understand the principles of dividend discount models (DDM) and their application to stock valuation.

Calculate intrinsic values of stocks using various valuation methods including constant growth DDM, capitalized earnings, and P/E ratios.

Understand and apply the concepts of book value and market value per share.

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Definitions:

Axiological Arrest

Reduced level of morality that occurs if one fails to know, cherish, declare, act, and act habitually according to one’s values. Axiology is the branch of philosophy concerned with the study of values.

Adaptive Capacity

The ability of individuals or systems to adjust and cope with changes or challenges in their environment.

Cognitive Dissonance

Psychological discomfort experienced when attitudes and behavior are inconsistent.

Unfreezing

The initial phase in the change process where old habits or structures are dismantled to accept new ways of thinking.