Utilitarian ethics holds that decisions should be made on the basis of practicality, and whatever action is most convenient should be favored
Indicate whether the statement is true or false
False
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The basic agreement between a business and its society that defines the broad duties of the business that are needed to retain the support of society is called a(n) _______.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a drawback of a countertrade agreement?
A. It fails to give firms a way to finance an export deal. B. It requires an in-house trading department to be maintained, which can be expensive and time-consuming. C. It is detrimental to the economy of the importing country. D. Developing nations may have trouble raising the foreign exchange necessary to pay for imports. E. It is not an acceptable means of trading in most developing countries.