One of the factors in the external environment that has become more evident in the past decade is the:

a. decrease in the importance of language in foreign trade.
b. shortage of natural resources.
c. abundance of export brokers for major industries.
d. decrease in the working-age population of developing countries.


ANSWER: b

A final factor in the external environment that has become more evident in the past decade is the shortage of natural resources. For example, petroleum shortages have created huge amounts of wealth for oil-producing countries such as Norway, Saudi Arabia, and the United Arab Emirates.

Business

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