Which of the Following Has Seen a Positive Change from 1960

question 47

Multiple Choice

Which of the following has seen a positive change from 1960 to 2014?

• A)growth of the centrally planned economies of the communist world
• B)U.S.position in the world economy and world trade picture
• C)the share of world output enjoyed by rich industrialized countries such as Great Britain,Germany,and France
• D)the share of world output accounted for by developing nations
• E)prevalence of independent and self-contained national economies

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Definitions:

Negotiable Instrument

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Delivered

Refers to goods, documents, or other items that have been transported and handed over to the person they were intended for.

Conditional Endorsement

An endorsement whereby payment can be made only on the fulfillment of a predecided condition, such as painting one’s house.

Negotiability

The ability of a document or instrument to be legally and freely transferred from one party to another.