According to the Text,the Combined Sales of What Kind of Corporations

question 35

Multiple Choice

According to the text,the combined sales of what kind of corporations accounted for over half of the value of goods and services produced by the entire world in 2007?

• A)transnational
• B)energy
• C)financial
• D)state-owned
• E)engineering

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Definitions:

Clothes Dryers

Household appliances designed for removing moisture from clothing and textiles after they have been washed.

Net Exports

The value calculated by subtracting a country's total value of imports from its total value of exports; positive net exports indicate a trade surplus, while negative net exports indicate a trade deficit.

Import Quota

This is a restriction by a country on the quantity of a good that can be imported, aimed at protecting domestic industries from foreign competition.

Tariffs Decreased

Refers to a reduction in taxes imposed on imported goods, which can lead to increased trade between countries and potentially lower prices for consumers.