Computers and Insurance Coverage Produced in the United States and Sold

question 71

Multiple Choice

Computers and insurance coverage produced in the United States and sold to people in other nations are categorized as

• A) U.S. consumption goods and services.
• B) foreign capital goods.
• C) U.S. government goods and services.
• D) U.S. exports of goods and services.
• E) U.S. imports of goods and services.

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Definitions:

Divested Corporations

Companies that have sold or disposed of a business unit or division to refocus their operations or strategies.

Closely Held Corporations

Corporate entities characterized by a small number of shareholders, with shares that do not trade on public exchanges and are often family-owned or controlled.

Limited Partnership

A business structure in which one or more of the owners may be granted limited liability as long as one partner is designated as a general partner with unlimited liability.

General Partnership

A business structure in which the business owners share the management and risk of the business.