According to the Text,why Is Exporting Becoming Easier

question 34

Multiple Choice

According to the text,why is exporting becoming easier?

• A) declining trade barriers under GATT
• B) declining trade barriers under the WTO
• C) regional economic agreements such as the EU
• D) regional economic agreements such as NAFTA
• E) all of these answers are correct

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Definitions:

Capital Contribution

The money or other assets given to a company by its owners or shareholders to support its operations and growth.

Profits and Losses

A financial statement or section of a financial statement that shows a company's revenue, costs, and expenses over a specific period, indicating net profit or loss.

Limited Partnership

A form of partnership consisting of one or more general partners who manage the business and are personally liable for its debts, and one or more limited partners who invest capital but have limited liability and do not participate in management.

Unincorporated Business Association

A business entity where two or more persons come together for a commercial purpose without forming a corporation.