Which Trend Would NOT Represent a Threat to Continuing Economic

question 89

Multiple Choice

Which trend would NOT represent a threat to continuing economic engagement and cooperation?

• A)The failure of China to open its borders fully to international trade,finance,and investment.
• B)Developing countries gaining more control of international financial institutions.
• C)The European Union turning toward self-sufficiency and economic isolation.
• D)Rapid economic growth in the developing world that is incompatible with environmental sustainability.
• E)Developing countries pulling back from globalization after finding the economic benefits not worth the costs.

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Definitions:

Prefabricated Garages

Garages that are manufactured in sections off-site and then assembled on-site, providing a quick and often cost-effective building solution.

Sales Schedule

A detailed plan that outlines the expected timing and quantity of sales of a product or service.

Price Makers

Firms that possess the power to set the price of a good or service because of a lack of competition or the unique nature of the product.

Purely Competitive

A market structure characterized by a large number of small firms, free entry and exit, homogeneity of products, and perfect information that leads to the price being dictated by the market.