If a Consumer Requests a Credit Reporting Agency to Correct

question 45

Multiple Choice

If a consumer requests a credit reporting agency to correct his/her credit report:

• A)the agency must comply.
• B)the agency need only include a copy of the request in its report.
• C)any corrections made must be sent to all report recipients over the last two years.
• D)none of the above

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Definitions:

Globalization

The phenomenon of growing economic linkages among countries.

Comparative Advantage

The ability of an individual or economy to produce goods or services at a lower opportunity cost than competitors, leading to specialized production and trade.

World Trade Organization

An international organization established to supervise and liberalize world trade, dealing with the rules of trade between nations.

Global Trade

The exchange of goods, services, and capital across international borders and territories.