In Terms of Absolute Dollar Volume, the Top 3 Leaders

question 209

Multiple Choice

In terms of absolute dollar volume, the top 3 leaders in world exports are

• A) Japan, China, and the European Union.
• B) the United States, England, and Canada.
• C) Germany, England, and the United States.
• D) China, the United States, and Germany.

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Definitions:

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows.

360-Day Year

A simplified approach used in some financial calculations where the year is assumed to have 360 days instead of 365 or 366, to facilitate easier interest calculations.

Note

A financial instrument that represents a promise to pay a specific amount of money at a future date or upon demand.

Notes Issued

Financial obligations in the form of promissory notes that a company issues to creditors or investors to raise capital.