The Study of Factors That Influence Both International and Interregional

question 28

Multiple Choice

The study of factors that influence both international and interregional trade is referred to as

• A) accidents of history.
• B) economic geography.
• C) factor abundance theory.
• D) weather analysis.
• E) centralized optimization.

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Definitions:

Ethical Egoism

The ethical theory that suggests individuals should act in their own self-interest and that this can lead to optimal outcomes for society.

Duty-Based

An ethical framework that emphasizes the importance of fulfilling obligations, duties, or rules as the basis for moral action, regardless of the consequences.

Consequentialist

An ethical theory that judges whether an act is right or wrong based on the consequences that result from the action, rather than the action's intrinsic nature or the intentions behind it.

Care-Based

An ethical perspective that emphasizes the importance of interpersonal relationships and the responsibility to care for others.