Which of the Following Statements Is TRUE of the International

question 47

Multiple Choice

Which of the following statements is TRUE of the international business scenario?

• A) After the dot-com bust, optical fiber was extremely scarce and expensive.
• B) After the fall of the Soviet Union, the economies of Russia and Western Europe closed their markets to the world.
• C) With the popularity of the Internet, the economies of North America and Europe became less integrated.
• D) With the popularity of the Internet, the Chinese economy became more open to the world.

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Definitions:

Company Truck

A vehicle owned and operated by a business for the purpose of carrying out company tasks or services.

Employer's Control

The extent of authority and influence an employer has over the working conditions and tasks of their employees.

Employee

An individual who is hired by a company to perform specific duties in exchange for compensation.

Worker

An individual engaged in a particular activity, especially pertaining to employment or labor, to earn compensation.