Famous Thinkers
This 20th Century philosopher said that we adopt a "veil of ignorance" to figure out what is just.
Who is John Rawls?
This South East Asian city-state, just off the shore of Malaysia, pioneered Free Trade and is considered one of the "Asian Tigers."
What is Singapore?
This argument form goes, "If A then B; A; therefore, B."
What is Modus Ponens?
This Economist first proposed the idea of comparative advantage.
Who is David Ricardo?
This 18th Century thinker is considered a pioneer of Utilitarianism.
Who is Jeremy Bentham?
This agreement opened the US to cross-border trade with Canada and Mexico.
What is NAFTA?
This argument form goes, "Either A or B; if A then C; if B then D; therefore, either C or D."
What is Constructive Dilemma?
Joseph Schumpeter used this term to describe how economies replace less efficient industries with more efficient ones.
What is creative destruction?
This libertarian philosopher argued that taxation is equivalent to slavery.
Who is Robert Nozick?
This Free Trade group grew out of a "Coal and Steel Community."
What is the European Union?
This logical operator says that two statements are either both true or both false.
What is the biconditional?
This is the market on which national currencies are trade.
What is the Foreign Exchange (Forex) market?
This philosopher's name is related to the Greek word for excellence.
Who is Aristotle?
This country in Oceania pursued a unilateral policy of Free Trade.
What is New Zealand?
This argument form goes, "If A then B; if B then C; therefore, if A then C."
What is a Hypothetical Syllogism?
Using this practice, countries sell their own goods at an artificially low price to drive out competitors.
What is price dumping?
This philosopher of the German Enlightenment argued that morality is a "categorical imperative."
Who is Immanuel Kant?
This law, passed in 1974, placed trade restrictions on the Soviet Union to combat human rights abuses.
What is the Jackson-Vanik amendment.
In a conditional statement, if the antecedent is true and the consequent is false, then the whole conditional statement is...
What is false?
Under this policy a country weakens its currency to boost exports.
What is currency manipulation?