Which One of the Following Provides Strong Evidence That Internationalization

question 32

Multiple Choice

Which one of the following provides strong evidence that internationalization continues to grow in the world economy?

• A)import restrictions by the Bush Administration on foreign steel
• B)efforts suggested by politicians to restrict the sourcing of foreign products by locally headquartered multinationals
• C)the growing volume of foreign direct investment by U.S.as well as other multinational companies
• D)pressure on governments to embargo unfriendly nations

---

Definitions:

Budgeted Revenues

Estimated income that an organization forecasts to receive over a certain period according to its budget plan.

Children's Clubhouse

A facility or program designed to provide recreational, educational, or social activities for children in a safe and engaging environment.

Reasonable Assurance

A high level of assurance provided by auditors indicating that financial statements are free from material misstatement, though not a guarantee.

Accrue

The accumulation or increase of something over time, especially payments or benefits that are recognized before cash is exchanged.