1. Global trade provides opportunity for new markets. True/False 2. In order to
ID: 1092372 • Letter: 1
Question
1. Global trade provides opportunity for new markets. True/False
2. In order to make ethical decisions, it is helpful to think about several questions, including: 1) who will be impacted by the decision, 2) who will benefit from the decision, and 3) who will suffer from the decision. True/False
3. A firm will experience a loss when its revenue is less than its expenses. True/False
4. An economy is both a social and a financial system. True/False
5.Rob Smythe collects antique furniture and has been looking for a specific piece to complete a set. He found the furniture at a yard sale at Rob Bibb
Explanation / Answer
1. Global trade provides opportunity for new markets. True
2. In order to make ethical decisions, it is helpful to think about several questions, including: 1) who will be impacted by the decision, 2) who will benefit from the decision, and 3) who will suffer from the decision. True
3. A firm will experience a loss when its revenue is less than its expenses. True
4. An economy is both a social and a financial system. True
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