One Reason That U

question 102

Multiple Choice

One reason that U.S. exports of commercial services have increased steadily over the past 25 years is that

• A) European and Asian nations have shown little interest in developing their own commercial services sectors.
• B) the United States has made significant investments in new information technologies.
• C) the U.S. government owns and operates most of the economy's service sector.
• D) the U.S. economy operates like one big corporation.

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Definitions:

Import

The act of bringing goods or services into a country from abroad for sale.

Export Restraints

Government-imposed limitations on the quantity or value of goods that can be exported from a country.

Trade Barriers

Measures imposed by governments to regulate or restrict international trade, including tariffs, quotas, embargoes, and standards.

Adverse Effects

Negative outcomes or damages that result from an action or policy.