Which of the Following Statements Is Consistent with Data from the World

question 132

Multiple Choice

Which of the following statements is consistent with data from the World Trade Organization with regard to the volume of world merchandise trade?

• A)The volume of world trade has grown faster than the world economy since the 1950.
• B)Since the mid-1980s,the value of international trade in services has reduced considerably.
• C)More and more firms are assembling their products in one single nation to save costs and time.
• D)Firms are finding their home markets protected from foreign competitors.

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