The Three Major Activities of a Business Are Operating,investing,and Financing

question 125

True/False

The three major activities of a business are operating,investing,and financing.

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Definitions:

Import Quota

A government-imposed limit on the amount or value of goods that can be imported into a country.

International Bartering

The exchange of goods or services between parties from different countries without using money.

Countertrade

A form of international trade in which goods or services are exchanged for other goods or services, rather than for cash.

Less-Developed Country

A country characterized by low levels of industrialization, socioeconomic development, and often a low standard of living among its population.