Use the Following to Answer Questions

question 392

Multiple Choice

Use the following to answer questions :
Scenario: Exchange Rates
The value of a euro goes from US$1.25 to US$1.50.
-(Scenario: Exchange Rates) Look at the scenario Exchange Rates. In Germany, exports will _____ and imports will _____.

• A)increase; decrease
• B)increase; increase
• C)decrease; increase
• D)decrease; decrease

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Definitions:

Belief

An acceptance that something exists or is true, especially one without proof.

Utilitarianism

An ethical theory that posits the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Consequentialist Theory

A moral theory that judges the rightness or wrongness of actions based solely on their outcomes or consequences.

Ethics of Care

A philosophical perspective that emphasizes interpersonal relations and the importance of compassion, empathy, and emotional response in moral judgment.