Statements That Make Value Judgments Are

question 233

Multiple Choice

Statements that make value judgments are:

• A)pecuniary.
• B)positive.
• C)nominal.
• D)normative.

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Definitions:

Antitrust Activities

Actions or practices that stifle competition, violate antitrust laws, and are aimed at establishing or maintaining a monopoly.

World Trade Organization

An international organization that regulates international trade with the aim of ensuring trade flows as smoothly, predictably, and freely as possible.

Trade Agreements

Formal agreements between countries that determine the rules of trade between them, including tariffs, import quotas, and product standards.