In the context of international trade, countries with the highest trade barriers often have the least competition.
Indicate whether the statement is true or false
Question 2
Jacque owns a medium-sized business in the United States. Approximately how likely is it that her company exports?
A) It is extremely likely because almost all U.S. companies export their products and services to foreign countries.
B) It is quite likely because about 75 percent of all companies in the United States are now exporters due to the growth of the Internet.
C) Roughly half of U.S. companies export products and services, so there is about a 50 percent chance that Jacque's company exports.
D) About one-third of the companies in the United States export to foreign countries, therefore Jacque's company has about a 33 percent chance of being an exporter.
E) Despite use of the Internet, exporting is still mostly done by large corporations, so Jacque's company is unlikely to export.
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