If Your Company Were to Import and Export Textiles, the Transactions

question 57

Multiple Choice

If your company were to import and export textiles, the transactions would be recorded in the current account subcategory of:

• A) services trade.
• B) income trade.
• C) goods trade.
• D) current transfers.

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Definitions:

Kohlberg

He is known for his theory of moral development which suggests that the ability to reason morally depends upon certain developmental stages.

Postconventional

A stage in Kohlberg's theory of moral development where moral reasoning is based on abstract reasoning and principles, beyond societal conventions.

Kohlberg

The psychologist Lawrence Kohlberg, known for his theory of moral development which outlines the stages of moral reasoning.

Conventional

Following traditional forms or standards, typically in relation to behavior or beliefs.