In the 1870s,what Group of Indicators Signalled a Turning Point

question 54

Multiple Choice

In the 1870s,what group of indicators signalled a turning point in global economic integration?

• A)the degree of trade and the flow of investment
• B)the degree of trade and the convergence of international prices
• C)the degree of trade,the flow of investment,and the convergence of international prices
• D)the convergence of international prices and the convergence of international wage rates

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Definitions:

Closing Entry

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to permanent ones, preparing the accounts for the next period.