4. Which of the following explains the increase in international trade and finance?
I. Improved transportation
II. International trade agreements, such as the North American Free Trade Agreement
III. Changes in exchange rates
IV. Improvements in telecommunications
A. I and II only
B. I, II, III, and IV
C. II and III only
D. I, II, and IV only
Which of the following explains the increase in international trade and finance?
C.
Reply:UR ANSWER IS D.
The first guy is wrong.
Communication is very vital to trade. Take the stock market for example. People from the U.S, U.K, Germany and other places are all exchanging information regarding stocks.
Edit:
Chance the answer might be B, But thats slim. The question stated an increase. Exchange rates can affect trade negatively or positively depending......................
The answer: D.
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