Which of the following statements is true of global trade patterns?
A) The annual rate of output is less than the total merchandise trade.
B) In most countries, the share of trade as a percentage of the national economy has reduced.
C) Import and export growth has outpaced the rate of increase in GNP.
D) The share of agriculture in exports has increased over the past decade.
C
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The common stock investment strategy that is the most basic strategy and is popular with conservative, quality-conscious individuals looking for competitive returns over the long run is the
A) buy-and-hold strategy. B) current income strategy. C) growth strategy. D) speculation and short-term trading strategy.
When Kenny applied for a loan to expand his sailboat business, the bank required that his financial statements be carefully examined by a CPA. The bank is requiring Kenny to have his financial statements
A. verified. B. audited. C. affirmed. D. certified. E. insured.
How do consumers use price in their assessments of value?
What will be an ideal response?
When a wealthy individual invests his or her own money into a business project or start-up company with little intention to influence decision making, he or she is MOST often called a(n) ________
A) angel investor B) venture capitalist C) financier D) shadow partner E) business incubator