Final answer:
The statement is false; the key factors of the international environment include individual, state, and system levels of analysis in IPE, not just economic, sociocultural, and corporate environments.
Step-by-step explanation:
The statement that the key factors of the international environment are the economic, the sociocultural, and the corporate environments is false. While these factors are indeed important, the international environment is generally analyzed through three other major lenses, according to the levels of analysis in International Political Economy (IPE), which are individual, state, and system levels of analysis.
Moreover, when considering economic standards of living around the world, several other factors come into play. These include issues such as access to education, healthcare quality, political stability, and the overall environmental conditions that affect populations, communities, and ecosystems. These factors can greatly influence the economic standard of living.