Answer the following statement(s) true (T) or false (F)

1. NAFTA has had an immediate and negative effect on the U.S. automobile industry.
2. Members of APEC include South Korea, the United States, Australia and India.
3. o maintain its strong growth for the foreseeable future, Starbucks has been expanding aggressively overseas.
4. Foreign direct investment flows to less-developed countries by firms in developed countries has dropped substantially.
5. One consequence of an increasingly integrated global economy is imports that are penetrating deeper into the world's largest economies.

1. false
2. false
3. true
4. false
5. true

Business

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