Domestically,all of the Following Statements About Businesses in the U

question 96

Multiple Choice

Domestically,all of the following statements about businesses in the U.S.are false except ____.​

• A)​increases in minority co-cultures have impacted both workplace and marketplace
• B)​minority owned businesses grew by about 45% between 2002-2007
• C)​more than 2.3 million businesses in the U.S.owned by Hispanics
• D)​most business transactions involve a culturally homogeneous population

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Definitions:

Freely Floating Exchange Rate

A currency system where the value of a country's currency is allowed to fluctuate according to the foreign exchange market.

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers are greater than its total exports, indicating that it is spending more foreign currency than it is earning.

Merchandise Trade Deficit

A situation where a country's imports of goods exceed its exports of goods over a given period, leading to a negative balance of trade.

Service Trade Deficit

The situation where the value of a country's imports of services exceeds the value of its exports of services.