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True or False
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1
The dollar value of exports increased by 28 times from 1970 to 2005, but when inflation's effect is removed, the level of exports has only doubled.
A)True
B)False
2
The largest exporters and importers result in a fairly high proportion of overall merchandise trade of both exports and imports.
A)True
B)False
3
The extensive distribution system is one reason Japan sells more to developed nations than most developed nations do.
A)True
B)False
4
There is a fine line between portfolio investment and direct investment due to the growing number of international mergers, and acquisitions..
A)True
B)False
5
Engaging in foreign trade is typically less costly and less risky than making a direct investment into foreign markets.
A)True
B)False





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