Which of the Following Statements Is False

question 312

Multiple Choice

Which of the following statements is false?

• A) In recent years, the United States has had large annual trade deficits in goods.
• B) The United States imports some of the same categories of goods as it exports.
• C) China has the largest share of world exports.
• D) As a percentage of GDP, U.S. exports are the highest among the industrially advanced nations.

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Definitions:

Cafeteria Plans

Employee benefit plans that allow workers to choose from a variety of pre-tax benefits, including health insurance, retirement contributions, and flexible spending accounts.

Scholarship

A financial award given to students to support education, based on academic or other achievements, that does not require repayment.

Assistantship

A form of academic employment offered to students, typically involving teaching or research in exchange for a stipend and possibly tuition waiver.

State University

A publicly funded university maintained by a state government that typically offers lower tuition costs to in-state residents.