GB Unit 1 Review T/F

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Technology is seen as a threat to the way of life by some cultural groups

The more taxes there are on a business, the higher the price, the business charges consumers for its products

A country with a large agricultural base is usually more economically developed than one with a large manufacturing base.

Customs duties are often assessed to make imported products more expensive than similar products produced locally

An outbreak of civil war within a country is an example of political risk

International trade usually reduces the product choices available to consumers

Multinational companies usually do not benefit the citizens of the host country

Religion has no influence on international business