Which of the Following Statements Concerning Small Businesses and International

question 74

Multiple Choice

Which of the following statements concerning small businesses and international markets is false?

• A)Although terrorism and global recession have slowed the growth of international trade somewhat, global opportunities for small businesses have a long-term positive outlook.
• B)Although the U.S. is an attractive market, approximately 95 percent of the world's population lives outside its borders.
• C)Because exporting is so complex and requires a company to have so many international experts on staff, exporting is not feasible for small businesses.
• D)Small companies comprise 97 percent of all businesses engaged in exporting, yet they account for only 30 percent of the nation's export sales.

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Definitions:

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Inductive Step

A critical process in mathematical induction where one proves that if a statement holds for one natural number, it holds for the next number as well.

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A form of logical argument involving two conditional statements and a conclusion derived from them.