Free Trade Zones

question 161

Multiple Choice

Free trade zones

• A) allow foreign companies to exploit domestic workers.
• B) do not permit the export of products produced in such zones.
• C) encourage foreign companies to build factories in that country.
• D) are usually located in the interior of a country.

Identify and apply the Golden Rule in ethical decision-making.

Recognize and differentiate between primary values, including freedom.

Distinguish between ethical standards, values, and ideations in a business context.

Acknowledge that reasonable people can disagree on solutions to ethical dilemmas.

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Definitions:

Purpose

Purpose refers to the reason for which something is done or created or for which something exists.

General Journal Entry

A record in accounting that notes the debit and credit transactions affecting financial statements.

Cash Register

A machine used in retail for calculating and recording sales transactions and storing money.

Cash Sales

Cash sales refer to transactions where payment is made in cash at the time of sale, without deferral.