Which Occurrence Has Led to an Increased Amount of Trade

question 72

Multiple Choice

Which occurrence has led to an increased amount of trade between countries?

• A) reduced transportation costs
• B) bowed-out production possibilities curves
• C) increases in the cost of telegraphic communication
• D) high levels of unemployment in the United States

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Definitions:

Grapevine

Internal information channel that transmits information from unofficial sources.

Informal Communication Channel

Messages outside formally authorized channels within an organization’s hierarchy.

Stock Options Plan

A benefit plan that gives employees the option to buy company shares at a future date at a predetermined price.

Company Stock

Shares of ownership in a corporation, representing a claim on the company's assets and earnings.