Thanks to the Wide Availability of Computers, Mobile Devices and ISs

question 39

True/False

Thanks to the wide availability of computers, mobile devices and ISs, information flowing through companies is almost always available to executives, managers, and workers throughout the organization who no longer have to struggle to find the information they need to make sound decisions or do their jobs.

---

Definitions:

International Trade

The exchange of goods and services between countries, driven by comparative advantage and resulting in mutual economic benefits.

Autarky Price

The price of a good or service within a country that is not engaged in trade with other countries, self-sufficiently.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, often visualized as the area above the supply curve and below the market price.

International Trade

The exchange of goods and services between countries, driven by comparative advantages and resulting in increased global economic interaction.