Which of the following does NOT characterize international trade in the past 30 years?
A) The number of multinational corporations has more than doubled.
B) Half the largest economies in the world are corporations.
C) Trade value of products and services grew even during the recession.
D) U.S. companies have long been successful at international marketing.
E) Home markets are just as rich in opportunity as foreign markets.

Question

Quizplus · Accepted Answer

The statement "Home markets are just as rich in opportunity as foreign markets" does not characterize international trade in the past 30 years. In fact, one of the main characteristics of international trade in the past 30 years is the increasing importance of foreign markets and the expansion of multinational corporations into these markets.

Which of the Following Does NOT Characterize International Trade in the Past