Historically, Trade and Commerce in the Middle East

question 93

Multiple Choice

Historically, trade and commerce in the Middle East:

• A) Has never been prominent
• B) Picked up only after the discovery of oil deposits
• C) Was a major activity linking Africa, Asia and Europe
• D) Has been rarely affected by regional instability

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Definitions:

Debt-Equity Ratio

The ratio that evaluates the equity-versus-debt financing approach for company assets.

Return on Equity

A measure of financial performance calculated by dividing net income by shareholder's equity, indicating how well a company uses investments to generate earnings growth.

Total Debt

The sum of all owed liabilities, both current and long-term, that a company must eventually pay back.