In the Past There Have Been Violent Protests Against the World

question 67

Multiple Choice

In the past there have been violent protests against the World Bank and the World Trade Organization.The protesters argued that these institutions promote free trade and also encourage corporations in rich countries to invest in poor countries.The protesters contended that these practices make rich countries richer and poor countries poorer.An economist would

• A)disagree with the protesters because these practices will help make both rich and poor countries richer.
• B)disagree with the protesters about free trade,but would agree with the protesters about corporate investment.
• C)disagree with the protesters about corporate investment,but would agree with the protesters about free trade.
• D)agree with the protesters.

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Definitions:

Segment Margin

The profit generated by a particular segment of a business, after deducting direct and allocated expenses specific to the segment.

Segmented Income Statement

A financial statement that breaks down revenues, costs, and profits for different parts of an organization, such as departments or product lines.

Contribution Format

An income statement format that separates variable costs from fixed costs, highlighting the contribution margin of sales over variable costs.

Consumer Segment

A specific group of customers targeted based on similar needs, preferences, or demographic profiles.