Supporters of Globalization Argue That Openness to International Trade in a Developing

question 53

Multiple Choice

Supporters of globalization argue that openness to international trade in a developing nation will ______________________ .

• A)bring in workers from developed countries
• B)raise per capita income in that country
• C)increase emigration to developed countries
• D)inspire local workers to work harder

Interpret the impact of sales volume changes on net operating income using operating leverage.

Analyze the effect of sales mix changes on the break-even point.

Calculate the unit contribution margin and its importance in decision-making.

Compute and understand the contribution margin ratio for decision-making.