Which of the following is a major trading bloc?
A. GATT
B. APEC
C. GLOBE
D. IMF
E. WTO
B. APEC
The six major trading blocs are the NAFTA nations, the European Union, the APEC countries, the ASEAN countries, the Mercosur, and CAFTA.
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Which of the following is an assumption of the aggregate demand-aggregate supply model?
A. Capital stock cannot be varied in the short run. B. An economy is always at full-employment level in the short run. C. Producers are reluctant to change prices of their products even in the long run. D. Long-run aggregate supply curve slopes upward.
Japan and Germany top the list for hosting the highest number of multinational enterprises.
Answer the following statement true (T) or false (F)
The preparation of pro forma financial statements typically begins with the _____, followed by the _____ and then the _____
a. balance sheet; income statement; statement of cash flows b. statement of cash flows; income statement; balance sheet c. income statement; balance sheet; statement of cash flows d. income statement; statement of cash flows; balance sheet e. balance sheet; statement of cash flows; income statement
Research clearly shows that final offer arbitration is more effective in getting the parties to agree on contract terms than conventional arbitration.
Answer the following statement true (T) or false (F)