Refer to the Information Provided in Table 33

question 29

Multiple Choice

Refer to the information provided in Table 33.6 below to answer the question(s) that follow.
Table 33.6
-Refer to Table 33.6. If the exchange rate is $1 = 1 euro, then

• A) the United States will import both peas and carrots.
• B) France will import both peas and carrots.
• C) the United States will import carrots and France will import peas.
• D) France will import carrots.

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Definitions:

Unrelated Industries

Industries that have no direct business connection or overlap with each other.

Strategic Mergers

The process of combining two or more companies into one, with the aim of achieving strategic objectives such as market expansion, diversification, or efficiency gains.

Financial Markets

Markets in which financial assets are traded—for example, the stock market.

Managements

The process of dealing with or controlling things or people within an organization, including planning, organizing, leading, and controlling.