Which One of the Following Statements Is Accurate

question 35

Multiple Choice

Which one of the following statements is accurate?

• A) Trade with other countries has helped to reduce the U.S. trade deficit.
• B) Trade with other countries has improved the quality of manufactured goods.
• C) Trade with other countries has helped to increase wages and benefits for most American workers.
• D) Trade with other countries has allowed some American companies to increase their profits.

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Definitions:

Passengers

Individuals or customers who use transportation services such as airplanes, buses, trains, or ships for traveling from one place to another.

Wages And Salaries

Remuneration provided to workers for their work, encompassing both wages by the hour and set salaries.

Spending Variance

A financial metric indicating the difference between the budgeted or planned amount of expenses and the actual amount spent.

Net Operating Income

A company's profit after subtracting its operating expenses, excluding taxes and interest.