According to Columnist George F.Will

question 107

Multiple Choice

According to columnist George F.Will,

• A)the outsourcing of American jobs overseas will lead to significant economic problems for the United States in the long run.
• B)practices such as having X-rays analyzed in India are already starting to thwart economic growth in the United States.
• C)German labor laws give the United States a comparative advantage in producing automobiles.
• D)American labor laws give Germany a comparative advantage in producing automobiles.

---

Definitions:

Other Expenses

Costs incurred by a business that do not fit into primary operational categories, such as administrative or selling expenses.

Unrealized Loss

A decrease in the value of an investment that has not yet been sold and, thus, does not affect realized financial statements.

Available-for-Sale Security

A financial asset that a company intends to sell but not immediately or in the near term, reported at fair value.

Treasury Stock

Treasury stock consists of shares that were issued and subsequently reacquired by the issuing corporation, held in the company's treasury.