The automobile has been responsible for more deaths and injuries of Americans than all the wars fought by the United States

A marketing return on investment of 150 percent means that for every dollar invested in marketing and sales expenses, the company is realizing $1.50 in marketing profits

Indicate whether the statement is true or false

The Republic of Argonia, owing to its vast resources of arable land and fresh water, is an agrarian nation

It exports agricultural products and in turn imports products that it does not produce such as oil, machinery, computers, and electronic devices. The result is that it spends more on imports than it gains from exports. Which of the following theories prohibits such international trade? A. New trade theory B. Product life-cycle theory C. Mercantilism D. Heckscher-Ohlin theory E. Theory of national competitive advantage