With Respect to International Trade,a Zero-Sum Game Is One in Which

question 43

Multiple Choice

With respect to international trade,a zero-sum game is one in which:

• A)Only one nation can gain from trade,and it is at the expense of other nations
• B)All nations can gain from trade mutually without any reduction in welfare to any nation
• C)No nations gain from trade,as it is necessary for each country to sacrifice more than they gain.
• D)Only the two nations engaged in trade will benefit and the other nations will lose.

---

Definitions:

Financing Activities

Transactions and events that affect the long-term liabilities and equity of a company, including issuing debt, issuing equity, and paying dividends.

Cash Flow

The net amount of cash and cash-equivalents being transferred into and out of a business, indicating the organization's liquidity.

Bond Principal

Bond principal, or face value, is the amount that the issuer agrees to pay the bondholder at maturity, excluding any interest payments.

Coupon Rate

The interest rate on a bond, determined as a percentage of the bond's face value, that the issuer promises to pay the bondholder annually.