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Indicate whether the statement is true or false


FALSE

Business

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The _____ is a trade agreement that has dramatically lowered trade barriers worldwide and also created the World Trade Organization

a. European Union b. General Agreement on Tariffs and Trade (GATT) c. North American Free Trade Agreement (NAFTA) d. Uruguay Round

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A Drama club sold 432 tickets for their upcoming performance. This represents only 44.5% of the number of tickets sold this time last year. How many tickets did the drama club sell last year for the same event? (Round to the nearest whole number)

Business

What is the term for buying several different kinds of investments rather than just one?

A) Spreading B) Shorting C) Margin buying D) Diversification E) Management

Business

Which of the following is true about managers and leaders according to management consultants Herb Greenberg and Patrick Sweeney?

A. Managers implement ideas, whereas leaders initiate ideas. B. Managers give directions, whereas leaders seek directions. C. Unlike leaders, managers inspire achievement. D. Unlike leaders, managers influence people to act in a certain way.

Business