Balance of payments is a ____ concept than balance of trade.

Balance of payments is a ____ concept than balance of trade.
 A) more difficult
  B) less difficult
  C) nearly identical
  D) broader
  E) narrower

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Question 2 - An independent retailer is a firm that operates more than one outlet and generally provides personal service.
 
 Indicate whether the statement is true or false

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Question 3 - FMS (an abbreviation from this chapter) stands for Ford Motor Systems.
 
 Indicate whether the statement is true or false

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Question 4 - Identify a true statement about macroeconomics.
 A) It focusses primarily on monitoring the activities of individual businesses.
  B) It hardly affects the day-to-day lives of people.
  C) It is the study of a country's overall economic dynamics.
  D) It has little or no influence on variables such as jobs and taxes.