Which of the Following Contains the Two Sectors Whose Percentage

question 135

Multiple Choice

Which of the following contains the two sectors whose percentage contribution to the real GDP has declined since 1900?

• A)Farming and manufacturing.
• B)Manufacturing and exports.
• C)Farming and services.
• D)Services and exports.

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Definitions:

Licensing

A business arrangement where one company gives another company permission to manufacture its product for a specified payment.

International Market

Refers to the economic activities and exchanges that involve the trade of goods, services, technology, and capital across national borders.

Situation Analysis

An evaluation of an organization's current state, including its internal conditions and external environment, to identify strengths, weaknesses, opportunities, and threats.

SWOT Analysis

A strategic planning tool that helps organizations identify their Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.