Answer:
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.