Which of the Following Is True Regarding the Competitive Pressures

question 69

Multiple Choice

Which of the following is true regarding the competitive pressures faced by American companies?

• A) Large industries such as airlines and telecommunications are deregulated.
• B) Foreign trade has been declining at a constant rate since 1960.
• C) In less affluent,less industrialized countries,wages are lower due to scarcity of labor compared with demand.
• D) By global standards,American workers are quite economical.

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Definitions:

Black Smoke

Emission from a vehicle's exhaust, indicating incomplete combustion and the presence of excess fuel in the engine.

Combustion Chamber

The enclosed space within an engine where fuel is burned to produce power.

Oil Pressure

A measure of the force per unit area exerted by oil circulating in the lubrication system of an engine.

Engine Repairs

Refers to the diagnosis and fixing of problems within an engine to restore its proper operating condition.