Which of the Following Is True About International Comparisons in Exporting

question 145

Multiple Choice

Which of the following is true about international comparisons in exporting?

• A)The United States has long made its living as a trading nation.
• B)Historically,Germany has been a relatively self-contained continental economy.
• C)Unlike Japan,U.S.firms have a strong information advantage when they seek export opportunities.
• D)The United States has not yet evolved an institutional structure for promoting exports similar to that of Germany.

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Definitions:

Democratic

Relating to a system of government where power is vested in the people, who rule either directly or through freely elected representatives.

Slave Labor

The forced labor of people treated as property (slaves), commonly used without pay and under threat of violence.

Egalitarian Value System

A belief system that emphasizes equality, advocating for equal rights and opportunities for all individuals, regardless of their background or status.

Devaluing Free Labor

The process by which the economic and social value of work done voluntarily or without wage compensation is diminished.