Which of the Following Statements Is True

question 5

Multiple Choice

Which of the following statements is true?

• A) World trade as a fraction of world GDP is much less than it was at the end of the 19th century.
• B) War decreases the pace of globalization.
• C) Large countries such as the U.S., Russia, and Japan have high scores in economic integration when measured against the criteria of Foreign Policy magazine.
• D) Poor countries tend to have high scores in the personal contact area when measured against the criteria of Foreign Policy magazine.
• E) The U.S. increased its international investments after the September 11, 2001 terrorist attacks to revive their economy.

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Definitions:

Franchisor

An entity or individual that grants another party the right to conduct business under their trademark or trade name in exchange for a franchisee fee and a percentage of franchise operation sales.

Franchisee

An individual or company that is granted the license to do business under the franchisor's trademark, brand, and business model.

Capital Costs

Expenses incurred to create, purchase, or improve fixed assets such as buildings, machinery, and equipment, considered long-term investments.

Return on Marketing Investment

A measure used to evaluate the efficiency and profitability of investment in marketing, calculated by dividing the profit generated from marketing by the cost of the marketing efforts.