One of the Reasons Why the Growth in World Trade

question 60

Multiple Choice

One of the reasons why the growth in world trade has occurred is due to

• A) more stable political environments.
• B) countries are getting more prosperous.
• C) the income inequality gap is narrowing among countries.
• D) the cost of transporting goods and services has fallen dramatically.
• E) economies have become more materialistic.

---

Definitions:

Probability

A quantification of the probability that a specific event happens, denoted by a value ranging from 0 to 1.

Alumni

Graduates or former students, especially of a particular educational institution.

Project Quality Manager

An individual responsible for ensuring that the project's outputs, processes, and systems meet the required quality standards.

Client's Product

A good or service that is produced or provided specifically to meet the needs or requirements of a client.