Which of the Following Is NOT a Reason Why Countries

question 39

Multiple Choice

Which of the following is NOT a reason why countries trade goods with one another?

• A) differences in technology used in different countries
• B) differences in countries' total amount of resources
• C) the proximity of countries to one another
• D) differences in countries' languages and cultures

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Definitions:

Special Order

A special order refers to a one-time purchase order often at a discounted price, usually for large quantities that is outside the normal scope of operations.

Direct Labor Hours

Total working hours logged by employees who are intimately involved with the production operations.

Profitable Use

The utilization of resources or assets in a manner that generates a significant positive return or profit.

Insufficient Capacity

A situation where a company does not have enough resources, such as manpower or machinery, to meet current or future production demands.