For the five (5 ) statements below, please indicate whether or not the phrase or statement is true (T) or false (T). Also, you must explain your response with two additional sentences.

1. Although Canada is not the strongest nation, in terms of Global trade, we can consider them amongst the top ten (10) nations when it comes to international trade.

T / F 2. Integrative trade refers to trade operations that are more simple and do not involve advanced logistics and technology.

T / F

3. Virtual security and data protection are among the two (2) most daunting challenges facing e-commerce in the twenty-first century.

T / F

4. Increased trade in services has resulted in a rapid expansion of the service industry, worldwide.

T / F

5. Intellectual property (IP) laws are non-existent in the world of international trade .

T / F

For the five (5 ) questions below, please choose the correct response with explanation.

1. International trade can be negatively affected by:

a. bribery

b. corruption

c. human rights violations

d. Warfare

e. All of the above

2. What is the acronym for the worldwide organization that monitors intellectual property rights and issues?

a. WIPO

b. WTO

c. WPIO

D. IP

e. IPO

f. A, B and C

g. A, B, C, D, and E

3. The four (4) Ps of the 'marketing mix' include:

a. Price, product, place, promotion, people

b. Price, product, promotion, place

c. people, place, product, productivity

d. All of the above

e. A, and B

f. C or D

4. Banks, ECAs and IFIs are all examples of:

a. World banks

b. Adds follow us

c. Credit agencies

d. All of the above

5. The major modes of transportation are:

a. air

b. sea

c. land

d. rail

e. A, B, C, and D

f. All of the above

g. A, and B

Define

a) Integrative trade

b) Intellectual property

c) IFI

d) Incoterms

Please create a response to the question below that is in the range of four (4) to six (6) sentences in length, maximum. Pls make sure to incorporate one Canadian, and one international example. As well, pls make use of one quote from either a secondary or primary source.

What are the three (3) most important factors that are driving global trade in the twenty-first century?