Which of the Following Statements Is False

question 47

Multiple Choice

Which of the following statements is false?

• A)The World Trade Organization (WTO)is the major, and most comprehensive, trade facilitation entity, and with the accession of Russia on 22 August 2012 it now encompasses all of the world's significant economies.
• B)Blocs are joining bigger blocs as in the case of the Asia Pacific Economic Cooperation (APEC), which brings partners together from multiple continents (including NAFTA, ASEAN Free Trade Area and individual countries such as Australia, China, Japan and Russia).
• C)The World Trade Organization (WTO)is the major, and most comprehensive, trade facilitation entity, and with the accession of China on 22 August 2012 it now encompasses all of the world's significant economies.
• D)Economic integration has been one of the main economic developments affecting world markets since the Second World War.

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Definitions:

Attributions

The process by which individuals infer the causes of their own and others' behavior.

Self-Fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become true.

Fundamental Attribution Error

The tendency to overemphasize personal characteristics and ignore situational factors in judging others' behavior.

Confirmation Bias

The inclination to seek out, understand, prefer, and remember information in a manner that reaffirms one’s already held beliefs or theories.