Which of the Following Has Spurred the Entry of Small

question 46

Multiple Choice

Which of the following has spurred the entry of small businesses into the global arena?

• A) GLOBE
• B) EU
• C) NAFTA
• D) TPP
• E) GATT

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Definitions:

Credit Cards

Financial instruments issued by banks and financial institutions that allow cardholders to borrow funds up to a specified limit to purchase goods and services.

Debit Card

Cards that tap directly into the depositor’s bank account to fund purchases; also called a check card.

Checking Account

A bank account that allows the account holder to access funds, make payments, and manage transactions with ease.

Excess Reserves

Bank reserves in excess of the required minimum, which can be lent out or invested.