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question 13

Multiple Choice

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-When a government imposes a tariff on imports, the current account for a given real exchange rate:

• A) rises
• B) falls
• C) does not change
• D) fluctuates

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Definitions:

Multiculturalism

A social and political approach advocating for the respect, acknowledgement, and accommodation of cultural diversity within a society.

Gift

An item given voluntarily to someone without expectation of payment or anything in return as a token of affection or appreciation.

Bribe

An illegal practice involving the offering, giving, receiving, or soliciting of something of value as a way to influence the actions of an individual holding a public or legal duty.

Code of Ethics

A set of principles and rules used by an organization to guide the conduct of its members and decision making.