Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true?

• A)For most countries, foreign trade is growing much faster than the domestic economy.
• B)The portion of each country's economy that is either sold as exports or bought as imports is decreasing.
• C)Domestic economies in most of the world are growing faster than foreign trade.
• D)Trade is the only form of globalization.

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Definitions:

IWW

The Industrial Workers of the World, an international labor union founded in 1905, advocating for worker solidarity and the abolition of the wage system.

AFL

The American Federation of Labor, a historic national federation of labor unions in the United States, part of the later merger that formed the AFL-CIO.

Repression

The act of suppressing or restraining something, often referring to the control or suppression of political or social dissent.

Revolutionary Unions

Labor organizations that aim to overthrow the existing social order to establish a new society based on trade union principles.