About Two-Thirds of the Global Diamond Trade Is Controlled by This

question 1

Multiple Choice

About two-thirds of the global diamond trade is controlled by this South African conglomerate:

• A)Tiffany's
• B)De Pauls
• C)De Beers
• D)Kay's
• E)Blue Nile

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Definitions:

Billion

A numerical value representing one thousand million (1,000,000,000) in the short scale, and commonly used in financial contexts.

Year

A period of time consisting of 12 months or 365 days (366 in a leap year), used as a basic unit of time for calendrical purposes.

Trade Surplus

A situation in which a country's exports exceed its imports, leading to a positive balance of trade.

Export

Goods or services sold by a country to another country, contributing positively to the selling country's balance of trade.