Multiple Choice
Which of the following is the best definition of openness?
A) The average of imports expressed as a share of GDP.
B) The average of goods traded in markets expressed as a share of GDP.
C) The average of imports and exports expressed as a share of GDP.
D) The average trade balance expressed as a share of GDP.
E) The average of exports expressed as a share of GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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