Which of the Following Statements Is True

question 89

Multiple Choice

Which of the following statements is true?

• A)Nations have generally moved toward freer international trade policies over the past few decades.
• B)Nations all over the world have recently raised trade barriers.
• C)Eastern Europe and the Former Soviet Union countries have reduced trade in the last decade.
• D)NAFTA lowered trade barriers between the United States and Mexico but raised them between the United States and Canada.

---

Definitions:

Optimal Decision

The best choice available from a set of alternatives, given a specific set of criteria or constraints.

Modern Environment

The contemporary physical, social, economic, and political surroundings in which individuals or societies exist.

Laws Of Probability

The mathematical rules that describe the likelihood of certain events occurring, which govern random events and can predict the outcomes of complex systems.

Gambler's Fallacy

The false notion that if an event takes place more often than usual over a certain span, its occurrence will diminish in the future, or the contrary.