saint MBA575 midterm exam 2017
Subject: Business / Management
Question
Question 1 (25 points)
What were the causes of the 2010-2012 debt crisis within the EU? What
does this tell us with regard to the potential weaknesses of the euro?
Explain your answer with a well-constructed and cogent response.
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Question 2 (25 points)
Using the concept of “the veil of ignorance,” develop an ethical code
that will influence the policies of a clothing business looking to
outsource its manufacturing process.
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Question 3 (25 points)
Unions in developed nations often oppose imports from low-wage
countries and are strong advocates of restrictive trade barriers to
protect what they view as “unfair” import competition. Is such
competition “unfair”? Explain your answer with a well-constructed
argument and examples to illustrate your point(s).
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Question 4 (25 points)
Do you agree or disagree with the following statement: The lowering of
barriers to trade and investment between countries within a trading
group will probably be followed by increased price competition.
Explain your answer with a well-constructed argument.
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