Which of the Following Is a Principle of International Trade

question 72

Multiple Choice

Which of the following is a principle of international trade?

• A)Japanese workers are more productive than any other workers in the world.
• B)Countries benefit from international trade.
• C)Manufacturers must be forced into international trade.
• D)Specialization is bad for international trade.
• E)Exchange rates are determined by the World Bank.

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Definitions:

Flexible

The ability to easily adapt to new, different, or changing requirements and conditions with minimal disruption.

Top Management

The highest level of managers and executives who are responsible for controlling and overseeing the entire organization.

Functional Structure

An organizational design that groups employees based on specialty, function, or related roles.

Process Structure

An organization structure that groups jobs and activities that are part of the same processes.