Which of the Following Is an Indication of the Increased

question 64

Multiple Choice

Which of the following is an indication of the increased globalization of business since the end of World War II?

• A)Foreign trade has largely replaced foreign ownership as a means of conducting international business.
• B)World trade has grown more rapidly than world production.
• C)Globally, consumers now depend on foreign output for more than half their consumption.
• D)Countries have increased their import restrictions to counter the rising tide of imports.

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Definitions:

Records

Data or information on a particular subject collected and stored systematically, often for reference or analysis.

Currency Data Type

In computer programming, a data type specific for the representation and manipulation of currency values with precision for financial calculations.

Monetary Data

Information or records relating to the management, exchange, value, and use of money.

Database

A structured collection of data stored in a computer system, allowing for efficient retrieval, insertion, and management of data.