Which of the Following Statements Is Not True

question 61

Multiple Choice

Which of the following statements is not true?

• A) Exporters commonly complain that they are being mistreated because the currency of their country is too weak.
• B) Outsourcing affects the balance of trade because it means that a service is purchased in another country.
• C) Sometimes, trade policies are used to punish countries for various actions.
• D) Tariffs imposed by the EU have caused some friction between EU countries that commonly import products and other EU countries.
• E) All of the above are true.

---

Definitions:

Pattern Of Racketeering

A series of related illegal activities (such as bribery, fraud, and murder for hire) conducted by a group or enterprise, which can lead to prosecution under laws such as the Racketeer Influenced and Corrupt Organizations Act (RICO) in the United States.

RICO Act

The Racketeer Influenced and Corrupt Organizations Act, a U.S. federal law aimed at combating organized crime by allowing prosecution and civil penalties for racketeering activity.

Sarbanes-Oxley Act

A law enacted in 2002 focused on enhancing corporate governance and financial practices, including stricter financial disclosures.

Business Scandals

Events or actions within a business organization that lead to public outrage, legal action, or both, often due to unethical behavior or illegal activities.