Which of the following statements about the World Trade Organization (WTO) is most accurate?
A. The WTO was formed by the United Nations.
B. The World Trade Organization was formed in 2008 in response to the global recession.
C. The 12 member countries of the WTO account for approximately 55 percent of world trade.
D. The WTO acts as an agent in licensing negotiations between its members and the remainder of the world.
E. The WTO uses panels of trade experts who can issue binding decisions.
Answer: E
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Life annuity payments are made up of all of the following EXCEPT
A) return of premiums. B) interest earnings. C) unliquidated principal of annuitants who live too long. D) unliquidated principal of annuitants who die early.
To develop and sustain an advantage in an increasingly competitive, globalized world, managers must harness the powers of information technology and ________ to be successful.
A. decisiveness B. language fluency C. human capital D. democracy
Types of business activities in virtual worlds include each of the following except
A) creating and managing a virtual business. B) operating a bed and breakfast in Nova Scotia. C) providing services for those who build, manage, or make money with virtual properties. D) conducting regular business activities.
Product costs flow from the balance sheet to the income statement.
Answer the following statement true (T) or false (F)