Which of the Following Statements About the Dynamics of World

question 297

Multiple Choice

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

• A) As the largest international marketer, the United States accounts for 85 percent of world trade.
• B) World trade refers exclusively to the exchange of money for goods or services.
• C) An estimated 35 percent of world trade involves countertrade.
• D) European intratrade is smaller but more powerful than for any of the other world regions.
• E) The United States, Western Europe, Canada, China, and Japan together account for more than two-thirds of world trade in manufactured goods and commodities.

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Definitions:

Global Attribution

Global attribution refers to a person's tendency to assume that the causes of their or others' behaviors and outcomes are consistent across different contexts and times.

Depressed

A state of low mood and aversion to activity that can affect a person's thoughts, behavior, feelings, and sense of well-being.

Guaranteed

A promise or assurance, typically in writing, that certain conditions will be fulfilled or that a product will meet a specified level of quality.

Depressive Episodes

Periods characterized by severe feelings of sadness, hopelessness, and a lack of interest or pleasure in activities.