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:

Rate Of Return

A measure used to evaluate the financial performance of an investment, calculating the gain or loss relative to the asset's initial cost.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows or the rate charged by central banks on loans to commercial banks.

Lump Sum

A single payment made at a particular time, as opposed to multiple payments made over time.

Insurance Settlement

The payment made by an insurance company to fulfill its obligation under an insurance policy.