Which of the following strategies was employed by the US to regain its lost

Which of the following strategies was employed by the

This preview shows page 5 - 7 out of 50 pages.

43.Which of the following strategies was employed by the US to regain its lost market share for capital goods by the late 1990s? A. Funding the Communist nations.B. Restructuring its industries to be more lean and mean.C. Providing financial assistance to the under-developed countries.D. Raising average U.S. tariffs on more than 20,000 imported goods.E. Outsourcing its production activities to other countries. 44.By the year 1971, the United States was witnessing: By the year 1971, the United States was witnessing: 45.In the late 1990s, most of the countries of the world saw a slow down in the unprecedented and precipitous growth of their economies. However, _____ remained unaffected by this trend. 46.The World Bank estimates that five countries whose share of world trade is barely one-third that of the European Union will, by 2020, have a 50 percent higher share than that of the European Union. _____ is one of the countries included in this list. 47.The system of accounts that records a nation’s international financial transactions is most accurately called its: A. supply chain management system. B. gross domestic product system. C. net domestic product payments. D. balance of payments. E. net national product systems. 48.Which of the following ensures that balance-of-payments records are always in balance? 49.Which of the following is true regarding the balance-of-payments records?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture