A Relative Measure of the Importance of Trade Is

question 33

Multiple Choice

A relative measure of the importance of trade is

• A)the dollar value of trade.
• B)trade as a percentage of GDP.
• C)the dollar value of trade adjusted for inflation.
• D)trade as a percentage of investment.

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Definitions:

Financial Managers

Executives who develop and implement the firm’s financial plan and determine the most appropriate sources and uses of funds.

Financial Plan

A comprehensive evaluation of an individual's or organization's current and future financial state by using currently known variables to predict future income, asset values, and withdrawal plans.

Funds

Financial resources set aside for a specific purpose or allocated to particular entities or projects.

Financial Plan

A comprehensive evaluation of an individual's or organization's current pay and future financial state by using currently known variables to predict future income, asset values, and withdrawal plans.