Which of the Following Statements About the Dynamics of World

question 104

Multiple Choice

Which of the following statements about the dynamics of world trade is most accurate?

• A) Manufactured products and commodities account for only 25 percent of world trade.
• B) Services such as telecommunications, transportation, and banking accounts are not included in calculations of world trade.
• C) The United States has replaced China as the biggest country in terms of world trade.
• D) All nations participate equally in world trade.
• E) Dollar value of world trade has more than doubled in the past decade.

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Definitions:

Yield To Maturity

The total return anticipated on a bond if it is held until it matures, including both interest payments and the gain or loss on the principal, at the current market price.

Balance Sheet

A summary presenting the financial condition of an organization, showing the company's assets, debts, and owner's equity at a certain time.

Long-term Debt

Debt that is due to be paid back over a period greater than one year, used as a way for businesses to finance their operations or expand.

Debentures

A type of debt instrument that is not secured by physical assets or collateral but is backed by the general creditworthiness and reputation of the issuer.