Which of the following describes what has occurred in international business from 1960-2000?
A) Although still increasing,international trade has grown at a slower rate since 1980.
B) The volume of international trade increased more than 3000 percent.
C) U.S.investment overseas has been on the decline for the past two decades.
D) The majority of the world's largest firms are firms with headquarters inside the United States.
E) All U.S.firms still earn the majority of their sales and profits in the United States.

Question

Quizplus · Accepted Answer

From 1960 to 2000, the volume of international trade experienced significant growth, increasing by more than 3000 percent. This period was marked by globalization and the expansion of multinational corporations, leading to a substantial increase in the exchange of goods and services across borders.

Which of the Following Describes What Has Occurred in International