Which of the Following, If TRUE, Would Most Strongly Support

question 60

Multiple Choice

Which of the following, if TRUE, would most strongly support the claim that national prosperity is increased by participation in international business?

• A) Countries that participate in international trade have higher GDP per capita than non-participating countries.
• B) Individuals in advanced economies tend to set purchasing trends for consumers worldwide.
• C) For most countries, levels of international trade have increased significantly in recent decades.
• D) National literacy levels are strongly correlated with a country's degree of political freedom.

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Definitions:

Days' Sales In Inventory

A financial metric indicating the average time in days that a company takes to turn its inventory into sales.

Return On Total Assets

A financial ratio that measures the profitability of a company relative to its total assets.

Return On Stockholders' Equity

A measure of the profitability of a corporation in relation to stockholders' equity, indicating how efficiently a company uses its equity to generate profits.

Return On Common Stockholders' Equity

A financial ratio that measures the profitability of a company from the perspective of common stockholders, calculating how much net income is generated per dollar of common equity.