What Ushered in the "Second Golden Age" of Trade

question 89

Multiple Choice

What ushered in the "second golden age" of trade?

• A)the increase in trade among countries in the period after World War II
• B)the introduction of the gold standard
• C)the increase in trade restrictions as a reaction to the Smoot­Hawley tariff act
• D)the decline in volume of trade among the industrialized countries

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Definitions:

Share Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell shares of a stock at a specified price within a specified time.

Promotion

Marketing activities aimed at increasing awareness, interest, and sales of a product or service.

Sales Margin

The difference between the sales revenue of a product and the cost of goods sold, expressed as a percentage of the sales revenue, indicating profitability.

Capital Turnover

A metric that evaluates how effectively a business leverages its capital to produce income.