TRUE or FALSE

International trade helps to alleviate some of the resource imbalance among nations around the world

The government of Simmonovia, a developing country, wants to build several new healthcare facilities in rural areas. Based on its mission, the World Bank might lend money to help the country finance these construction projects

Many U.S. firms locate facilities in foreign markets in order to attract quality employees at bargain prices.

During the holiday season of 2007, many Europeans flew to New York and Boston to shop for gifts, claiming that their money seemed to go much further in the United States than it did in their own countries. This suggests that the dollar was weak relative to the Euro in late 2007