Which of the Following Is a True Statement

question 112

Multiple Choice

Which of the following is a true statement?

• A) The United States has the world's largest ratio of exports to GDP.
• B) The United States is almost entirely dependent on other countries in obtaining items such as silk,nickel,tin,and coffee.
• C) U.S.exports to China greatly exceed U.S.imports from China.
• D) Since 1947 the United States has accounted for a rising percentage of total world trade.

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Definitions:

Partnerships

An authorized business setup involving two or more persons, sharing both the responsibilities of management and the financial gains.

Corporate Finance

The area of finance dealing with the sources of funding and the capital structure of corporations, and the actions that managers take to increase the value of the firm to the shareholders.

Ratified

Ratification refers to the formal approval or confirmation of an agreement or treaty, often after the act has been signed or provisionally applied.

Lease

A contractual agreement where one party, the lessor, grants the other party, the lessee, the right to use a property or asset for a specified period in exchange for rental payments.