Governments Are Playing an Increasing Role in Representing Their Countries

question 31

Multiple Choice

Governments are playing an increasing role in representing their countries internationally.This is because:

• A)the importance of international trade and finance have increased as communications and transportation have improved.
• B)rich nations refuse to send aid to poor countries.
• C)countries are trying increasingly to shelter their own domestic fiscal and monetary policies from the rest of the world.
• D)environmental concerns have encouraged consumers to buy only goods produced domestically.
• E)none of the above.

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Definitions:

€

The symbol for the Euro, the official currency of the Eurozone in the European Union.

Appreciates

Denotes the appreciation in an asset's value as time progresses.

£

The symbol for the British Pound Sterling, the currency of the United Kingdom.

Foreign Contract

A legally binding agreement between parties from different countries, subject to international law or specified national legal systems.