Which of the following statements about the impact of international business on the U.S.economy is NOT true?
A) America exports over $1.7 trillion in goods and services each year.
B) Almost one-third of U.S.corporate profits come from international trade and foreign investment.
C) Every U.S.state has realized net employment gains directly attributed to foreign trade.
D) Exports create jobs for over 50 million Americans.
E) The U.S.exports about 20 percent of its industrial production.
Correct Answer:
Verified
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