Accepting the Potential Costs, Duties, and Obligations for the Decisions

question 65

Multiple Choice

Accepting the potential costs, duties, and obligations for the decisions you make is referred to as:

• A) responsibility.
• B) accountability.
• C) liability.
• D) due process.
• E) ethics.

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Definitions:

Imports

Commodities or offerings that are carried from abroad into a nation with the intent to sell them.

Trade Deficit

A condition where the value of a nation's imports surpasses that of its exports, leading to a trade deficit.

Exports

Goods or services sold by one country to purchasers in another country.

Imports

Goods or services brought into a country from abroad for sale, which can impact a nation's balance of trade.