Which of the following statements about global trade and why companies trade globally is most accurate?
A) Many U.S. companies cite global expansion as a link to future growth
B) The U.S. population makes up a small portion of the world's population
C) Americans buy billions of dollars worth of goods made in other countries
D) All of the responses are correct

Question

Quizplus · Accepted Answer

All of the statements are accurate, as they each address different aspects of global trade and why companies participate in it. A highlights the potential for growth through expansion, B points out the importance of access to global markets beyond just the U.S., and C highlights the significant amount of trade that already takes place between the U.S. and other countries.

Which of the Following Statements About Global Trade and Why