Which of the Following Statements Is False

question 236

Multiple Choice

Which of the following statements is false?

• A) In recent years, the United States has had large annual trade deficits in goods and services.
• B) The United States imports some of the same categories of goods as it exports.
• C) China has the largest share of world exports.
• D) As a percentage of GDP, U.S. exports are the highest among the industrially advanced nations.

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Definitions:

Investors

Individuals or institutions that allocate capital with the expectation of receiving financial returns.

Indirect Expenses

Costs that are not directly traceable to a specific product or operation, such as utilities or administrative salaries.

Secondary Equity Offering

The issuance of new stock for sale to the public by a company that has already undergone an initial public offering (IPO).