The difference between money coming into a country and money leaving the country
The difference between money leaving the country and its imports measured over a particular period
Question 13.13 . ( TCO 3 ) In 1948 , a global forum was created whose purpose it was to reduce trade restrictions on goods , services , ideas , and cultural programs . The results of the efforts of this organization include which ? ( Select all that apply .) ( Points : 5 )
The creation of regional alliances Reduction of tariffs an average of 38 % worldwide Expansion of new trade rules to areas like agriculture The protection of patents Overcoming constraints and decrease business opportunities
Question 14.14 . ( TCO 4 ) The disadvantages of sole proprietorships are which ? ( Select all that apply .) ( Points : 5 )
Risk of personal success Risk of personal loss Unlimited financial resources Few or no fringe benefits Unlimited life span
Question 15.15 . ( TCO 4 ) A limited liability company has which of the following advantages ? ( Select all that apply .) ( Points : 5 )
Limited liability