Which of the Following Statements Is Correct

question 73

Multiple Choice

Which of the following statements is correct?

• A)A devaluation of the British pound would result in more dollars to the pound.
• B)A revaluation of the British pound would raise the prices of U.S. goods in Britain.
• C)A devaluation of the British pound would lower the prices of British goods in the United States.
• D)Revaluations and devaluations of a country's currency were not allowed under the Bretton Woods system.

---

Definitions:

Company Values

The core principles and beliefs guiding an organization's behavior and decision-making processes.

Ethical Scenarios

Hypothetical situations that require a person to consider values, principles, and ethics to decide on the best course of action.

Moral Intensity

The degree to which an issue demands the application of ethical principles, highlighting its potential moral impact.

Ethical Issue Intensity

The perceived importance or significance of an ethical issue, which can impact how it is addressed and resolved within an organization.