When a Firms "Dumps" Some of Its Products in Another

question 179

Multiple Choice

When a firms "dumps" some of its products in another country, it

• A) creates an environmental hazard in the receiving country.
• B) sells its products abroad at a price lower than it costs to produce the goods.
• C) increases the total level of employment in the receiving country.
• D) is specializing according to comparative advantage.

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Definitions:

Moral Philosophies

The systematic examination of how people should behave toward one another, the justification of moral judgments, and the search for a principled basis for morality.

Teleology

An ethical theory that posits the moral value of an action is determined by its outcome, or end result, rather than the action itself.

Deontology

A branch of ethics that judges the morality of actions based on rules, focusing on adherence to duties or obligations.

Ethical Issue Sensitivity

The ability to recognize and respond to moral dilemmas and ethical challenges in various situations.