In Allocating Resources to Promote New and Emerging Markets for Canadian

question 216

Multiple Choice

In allocating resources to promote new and emerging markets for Canadian exports,the federal government is,

• A)doing nothing,as they don't have the funding available to compete with the United States in developing new and emerging markets.
• B)targeting only India as they are not able to compete with the other countries who are trading with China.
• C)identifying 21 priority markets that have the greatest potential for growth.
• D)targeting only China as China is their second-largest trading partner.

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Definitions:

Return on Invested Capital (ROIC)

A profitability ratio that measures the return that an investment generates for those who have provided capital, either debt or equity.

Net Operating Profit After Taxes (NOPAT)

NOPAT is a measure of a company's operating efficiency, indicating the profit generated from operations after taxes but before financing costs and non-operating gains and losses.

Shareholders' Equity

The owners' equity in a corporation, calculated as the company's total assets minus its total liabilities.

Corporate Tax Liability

The total amount of taxes owed by a corporation based on its taxable income.