Which of the Following Is a Benefit of Global Trade

question 111

Multiple Choice

Which of the following is a benefit of global trade?

• A) Export jobs usually pay more than other jobs.
• B) It creates better relations between countries.
• C) It increases tourism between countries that trade.
• D) Increased trade increases GDP.

Comprehend the impact of trade promotions on cycle inventory.

Identify managerial levers to reduce large lots due to transportation fixed costs.

Recognize appropriate managerial levers to mitigate large lots due to lot size-based discounts.

Distinguish between drivers and non-drivers of lot sizing decisions in the supply chain.

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Definitions:

Deceptive

Intentionally misleading or giving a false impression to deceive.

Conglomeration

The process by which a single corporation acquires ownership of a variety of otherwise unrelated businesses.

Alcoholic Beverages

Alcoholic Beverages are drinks containing ethanol, commonly known as alcohol, including beer, wine, and spirits, which are consumed globally in various social and cultural settings.

Free Time

Periods when individuals are not engaged in compulsory activities like work or essential domestic tasks, allowing for relaxation or leisure activities.