Which of the Following Is Not a Feature of the Global

question 28

Multiple Choice

Which of the following is not a feature of the global economy?

• A) international movement of labor
• B) more trade in goods than in services
• C) international flow of capital
• D) international laws governing fair trade

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Definitions:

Continuing Operations

Parts of a business that are expected to continue operating into the foreseeable future.

Unusual Item

A nonrecurring or rare event that impacts a company's financial statements, not related to the ordinary activities of the business.

Income Statement

A financial report summarizing the revenues, expenses, and profits over a specified period, usually a fiscal quarter or year.

Disposal of a Segment

The process of eliminating a division, department, or segment of a business through sale, closure, or bankruptcy, impacting financial statements.