Globalization Is Not Just of Interest to Large Firms

question 94

Multiple Choice

Globalization is not just of interest to large firms.What percentage of the Canadian economy is affected by international competition?

• A)80 to 90 %
• B)70 to 80 %
• C)50 to 60 %
• D)30 to 40 %

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Definitions:

Pension Fund

A pool of assets forming an investment plan that provides retirement income to employees.

Year

A period of time consisting of 365 days, or 366 in a leap year, used as a measure of time for calendars, age, and time intervals.

Sponsor

An entity or individual that supports an event, activity, person, or organization financially or through the provision of products or services.

Geometric Average Rate

The average compound return per period over a time span, useful for comparing different investments or portfolios.