How Has International Trade Changed Since the End of World

question 85

Multiple Choice

How has international trade changed since the end of World War II?

• A) Trade across national borders has decreased since its peak during the early to mid-1900s.
• B) International trade has increased steadily since this period of time.
• C) The amount of international trading has remained relatively stable since this time.
• D) International trade has become completely unrestricted.
• E) International trading has become much more heavily regulated and restricted by all countries.

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Definitions:

Dominate

To have a commanding influence or control over something or someone.

Formal Governance Structures

The officially recognized systems, rules, and practices that direct and control an organization, ensuring accountability, fairness, and transparency.

Significant Ambiguity

Significant ambiguity denotes a situation or information that is open to multiple interpretations or lacks clarity, often leading to uncertainty or misunderstanding.

Mom-And-Pop Operations

Small, family-owned or independent businesses, often characterized by personal customer service and local operation.