According to the Text, Which of the Following Is True

question 83

Multiple Choice

According to the text, which of the following is true?

• A) The United States imports paper, but not computers since it exports computers.
• B) The United States imports paper and exports corn.
• C) The United States imports auto parts and cars, but it doesn't export cars.
• D) The United States imports wheat, but not auto parts since it exports auto parts.

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Definitions:

Expansion

The process of enlarging the scale of operations, increasing the production capabilities, or broadening the scope of a business.

Quick-service Restaurant

A type of eating establishment known for fast food service and minimal table service, often part of a restaurant chain.

Franchising

A method of doing business wherein a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and often a percentage of the franchisee's revenue.

Franchisors

Individuals or companies that grant a license to others allowing them to operate a business under the franchisor's brand and business model.