Lesson 4 - international analysis

1. 1. International trade is only beneficial to developed countries.

• True

• False

2.The balance of payments is a financial statement that summarizes a country’s transactions with the rest of the world.

• True

• False

3.A strong currency always benefits a country's exporters.

• True

• False

4.Globalization has led to an increase in cultural homogenization worldwide.

• True

• False

5.Foreign Direct Investment (FDI) refers to investments made by a company in its own country.

• True

• False