According to the Text, ____________________ of the World Trade Is

question 6

Multiple Choice

According to the text, ____________________ of the world trade is managed one way or another by MNCs.

• A)one-third
• B)two-thirds
• C)one-fourths
• D)two-fourths
• E)three-fourths

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Definitions:

Domestic Production

The creation of goods and services within a country's borders, contributing to its gross domestic product (GDP).

Market-based Economy

An economic system where economic decisions and the pricing of goods and services are largely guided by the interactions of a country's individual citizens and businesses.

Gini Coefficient

A measure of income inequality within a population, ranging from 0 (absolute equality) to 1 (absolute inequality).

Quantitative Easing

A monetary policy in which a central bank buys government securities or other securities from the market to lower interest rates and increase the money supply.