According to Ghemawat's earlier observations of CAGE phenomena related to countries and relative distances measured with the framework, countries who share a common currency have a greater probablity of trading with each other than countries who share a common border. a. True
b. False

According to Ghemawat's CAGE framework, "countries who share a common currency have a greater probability of trading with each other than countries who share a common border."

a. True

Explanation:

The CAGE framework was developed by an international strategy guru, Pankaj Ghemawat.  CAGE is a cultural, administrative, geographic, and economic framework.  The framework offers businesses a means to evaluate the non-physical distances that exist between countries. With this more-inclusive view of distance, the CAGE framework provides another way for business to consider the location, opportunities, and risks involved in global trade or arbitrage.

answer; capital structure decision;