If Countries Decide They Will No Longer Buy U

question 49

Multiple Choice

If countries decide they will no longer buy U.S.assets or lend to the United States:

• A)adjustments will be set in motion to equalize comparative advantages.
• B)adjustments will be set in motion so that the U.S.has more comparative advantages.
• C)the United States can begin to run a trade deficit.
• D)There is no reason foreign countries will not want to buy more U.S.assets than the U.S.buys of foreign assets.

---

Definitions:

Categorical Imperative

A foundational concept in ethics introduced by philosopher Immanuel Kant, which dictates that actions should be performed according to a universal law that everyone could follow.

Ethical Philosophy

Ethical philosophy explores the fundamental questions of right and wrong, virtue and vice, and moral responsibility.

Ethical Codes

Formalized sets of ethical guidelines developed by some companies for use at all levels of an organization.

Formalized Sets

Established or official groups or collections of objects, rules, or standards that are systematically organized.