Which Statement Is False

question 194

Multiple Choice

Which statement is false?

• A)Chinese factories have been pirating American goods and selling those products in China.
• B)Most often "made in China" is actually made elsewhere by multinational companies that use China as a final assembly station.
• C)Both China and Japan have closed markets to American made products.
• D)Our trading position with Japan is very much like a colony and a colonial power.

---

Definitions:

Broker

An individual or firm that acts as an intermediary between buyers and sellers, usually charging a commission for their services.

Agent

An individual or entity authorized to act on behalf of another (the principal) in dealings with third parties.

Working Capital Management

The process of managing short-term assets and liabilities to ensure a company has sufficient liquidity to run its operations smoothly.

Capital Budgeting

The process of planning and managing a company's long-term investments in projects and assets to maximize value and ensure financial sustainability.