Which of the Following Is a Consequence of an Increasingly

question 33

Multiple Choice

Which of the following is a consequence of an increasingly integrated global economy?

• A) World output and trade have decreased to a dramatically low level.
• B) Many companies find their home markets under attack from foreign competition.
• C) Companies are making foreign direct investments at home.
• D) Imports are failing to penetrate deeper into the world's largest economies.
• E) There are reduced opportunities for global trade.

---

Definitions:

Ordinary Repairs

Expenditures to maintain the operating efficiency and productive life of the unit.

Capital Expenditures

Capital employed by a business to buy or enhance tangible assets like land, factories, or machinery to boost long-term business activities.

Period of Ownership

The duration for which an asset is owned by an individual or entity, affecting capital gains for tax purposes.

Estimated Useful Life

The expected timeframe during which an asset is likely to be functional and useful for its intended purpose before it becomes obsolete.