Which of the Following Is Correct

question 163

Multiple Choice

Which of the following is correct?

• A)​U.S.International trade represents about 50 percent of U.S.GDP.
• B)​Less than 5 percent of world output is sold in a country different from the one in which it is produced.
• C)​Without tariff protection the number of jobs available to domestic workers would decline.
• D)​The volume of international trade has grown rapidly.

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Definitions:

Current Ratio

A financial metric that evaluates a company's ability to pay off its short-term liabilities with its current assets.

Short-Term Debt-Paying Ability

Refers to a company's capability to meet its short-term financial obligations as they come due.

Liquidity

A measure of how easily assets can be converted into cash without significant loss in value, important for meeting short-term obligations.

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest obligations on outstanding debt.