World Trade Grew at an Average Annual Rate of Approximately

question 8

Multiple Choice

World trade grew at an average annual rate of approximately ____ percent between 1991 and 2011.

• A) 5.5
• B) 4.5
• C) 3.5
• D) 2.5

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Definitions:

Traditional

Relating to customs, beliefs, or methods that have existed for a long time without significant change, often passed down from generation to generation.

Means-ends Rationality

A decision-making process focused on efficiently achieving a specific goal.

Desired Outcome

The specific result or achievement one aims to accomplish through a particular course of action or strategy.

Value Rationality

A type of decision-making process where actions are chosen based on a consistent system of values, rather than solely on instrumental, goal-oriented reasoning.