Which of the Following Statements Is False

question 18

Multiple Choice

Which of the following statements is false?

• A)Between 1980 and 2006, the index of openness has risen for most countries.
• B)Since 1950, international trade has been growing faster than the growth of world output.
• C)A country cannot be a leading world exporter without a high index of openness.
• D)Two of the above are true.

---

Definitions:

Capital Interest

The portion of an investment or equity that represents the initial sum invested or the value contributed by an investor or partner.

Capital Account

A financial record that shows the changes in business ownership over a period. It includes capital contributions and withdrawals by owners.

Partner Capital Accounts

Accounts reflecting the individual investments of partners in a partnership, including their share of profits, losses, and any withdrawals.

Capital Additions

Investments or expenditures made to acquire or improve long-term assets, enhancing the asset value or extending its useful life.