In Examining the Volume of International Trade

question 13

Multiple Choice

In examining the volume of international trade:

• A)The proportion of manufacturing value added generated by South and East Asia has quadrupled since 1980.
• B)The proportion of manufacturing value added generated by Latin America has doubled since 1980.
• C)The proportion of world exports of world exports and imports accounted for by the 10 largest exporting and importing nations exceeded 70 percent in 2009.
• D)The proportion of worldwide manufacturing value added generated by South and East Asia has fallen since 1980.E.The proportion of manufacturing value added generated by Latin America has quadrupled since 1980.

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Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Reality Testing

The process of objectively evaluating the truth of a belief or perception to distinguish between what is real and what may be a product of fantasy or bias.

Political Behavior

Activities within an organization that are aimed at improving individual or group status and power, often involving tactical influence, alliances, or manipulation.

Competence

The ability of an individual or organization to effectively perform or carry out a specific task or role.