Solved

If a Country's GDP Is $10 Trillion, Its Exports Are

Question 2

Multiple Choice

If a country's GDP is $10 trillion, its exports are $1 trillion,
Its imports are $1.5 trillion, then:


A) its trade­to­GDP ratio is 10%.
B) its trade­to­GDP ratio is 15%.
C) its trade­to­GDP is 25%.
D) its trade­to­GDP is 400%.

Correct Answer:

verifed

Verified

Related Questions

Q1: Why should the recorded U.S.­Chinese bilateral trade<br>Deficit

Q3: What was the short­lived import tariff enacted

Q4: If we measure the ratio of total

Q5: Until recently, labor could freely move from

Q6: Which of the following is NOT a

Q7: Which of the following statements explain(s) why

Q8: Which of the following is considered to

Q11: If we measure the ratio of total

Q40: An American tourist buys a ticket to

Q127: A Chinese student pays tuition at a