Which of the following is true of trends in the international ...

[crazycityslicker]

Which of the following is true of trends in the international business arena over the past
  25-30 years?

 
 

a. Although still increasing, international trade has grown at a slower rate since 1980.
  b. Foreign investment in the United States has increased faster than U.S.
  investments overseas.
  c. U.S. investment overseas has been on the decline for the past several years.
  d. The majority of the world's largest firms are firms with headquarters outside the
  United States.
  e. All U.S. firms still earn the majority of their sales and profits in the U.S.

Question 2

Baker Enterprises manufactures its products in the United States but purchases many of its
  raw materials and components in foreign countries. It markets its products in the United
  States and three other countries. According to the classification scheme in the text, Baker is
  a/an

 
 

a. domestic business.
  b. international business.
  c. multinational business.
  d. intercontinental business.
  e. global business.

[jrpg123456]

Answer to Question 1

B

Answer to Question 2

B

[crazycityslicker]

TYSM

[smrtceo]

Great answer, keep it coming