Trade Consists of the Import and Export of Goods or Services

question 52

True/False

Trade consists of the import and export of goods or services.

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Definitions:

Rule Consequentialism

An ethical theory that posits the morality of an action depends on the consequences of the rules that would be established by following or endorsing that action.

General Rules

Broad, overarching principles or guidelines that govern behavior or actions in various scenarios.

Rule Consequentialists

Philosophers or ethical theorists who believe that adherence to beneficial rules or norms yields the best consequences.

Absolute

Something that is considered to be universal, unconditional, and complete in itself, often used in the context of truth or moral principles.