Exhibit 34-1 Refer to Exhibit 34-1

question 131

Multiple Choice

Exhibit 34-1 Refer to Exhibit 34-1. Considering the data, which of the following terms of trade would both countries agree to?

• A)1 unit of Y for 1 unit of X
• B)1 unit of Y for 0.75 units of X
• C)1 unit of Y for 0.25 units of X
• D)1 unit of Y for 1.50 units of X

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Definitions:

Postconventional Morality

Kohlberg’s third level of moral reasoning in which people use moral principles that are seen as broader than those of any particular society.

Preconventional Morality

Kohlberg’s first level of moral reasoning in which the concrete interests of the individual are considered in terms of rewards and punishments.

Conventional Morality

Kohlberg’s second level of moral reasoning in which people approach moral problems as members of society.