Answer the corrects

1.Same economic transaction can not be called exporting and importing at the same time.

Select one:

True

False

2.

Choose the correct response pertaining to economics of different countries under cage analysis

i) cost differences are insignificant,

ii) the distribution or business systems are similar

Select one:

a.

All of the above are true

b.

All of the above are false

c.

Only one of the above is true

3.

Choose the correct response

i) Economic distance refers to differences in demographic and socioeconomic conditions.

ii) CAGE analysis refers to: culture, administration government and Economics

Select one:

a.

All of the above are true

b.

All of the above are false

c.

Only one of the above is true