An Example of a U.S. Import Would Be

question 111

Multiple Choice

An example of a U.S. import would be:

• A) a French bottle of wine consumed by an American.
• B) an Apple computer, made in the U.S., purchased by a U.S. college student who plans to study abroad in France.
• C) a bushel of apples that Canadians pick and enjoy during a lovely fall day in Vermont.
• D) an Apple computer, made in the U.S., purchased by a French student.

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Definitions:

Altruistic Punishment

A behavior in which an individual incurs a cost to punish another for a perceived social norm violation, often to uphold societal rules or benefits.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use doesn't reduce availability to others.

Moral Judgments

Evaluations or decisions based on the discernment of right and wrong, often influenced by an individual’s ethical beliefs and principles.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist best known for his theory of stages of moral development.