In Networked Systems

question 62

Multiple Choice

In networked systems:

• A)development occurs at the home base and operations are handed over to autonomous units in foreign locations.
• B)each foreign unit designs its own unique solutions and systems.
• C)systems development and operations occur in an integrated and coordinated fashion across all units.
• D)foreign units design the solutions and systems used at the domestic home base.
• E)development occurs at the home base but operations are handed over to autonomous units in foreign locations.

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Definitions:

Imports

Goods and services bought by a country from another country.

Trade Deficit

The amount by which the value of a nation’s imports exceed the value of its exports.

International Payments

Transactions between countries involving the transfer of money and payments for goods and services across borders.

Merchandise Exports

Goods produced domestically and sold to buyers in another country.