Friday, November 6, 2009

Which of the following explains the increase in international trade and finance?

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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