Question

In the passage, the author anticipates which of the following objections to criticizing the ethics of free markets?

• A. Smith's association of free markets with ethical behavior still applies today.
• B. Free markets are the best way to generate high profits, so ethics are a secondary consideration.
• C. Free markets are ethical because they are made possible by devalued currency.
• D. Free markets are ethical because they enable individuals to make choices.

Answer 1

Answer: (D)

Free markets are ethical because they enable individuals to make choices.

Option D is the right answer because it is clearly mentioned in the passage that - 'Some argue that because the free markets allow for personal choice, they are already ethical.'

There is no evidence in the passage to suggest that Options A, B, and C are the right answers.

Hence, these are incorrect.