Solved

If the Trade­to­GDP Ratio Is 38% and the GDP Is

Question 18

Multiple Choice

If the trade­to­GDP ratio is 38% and the GDP is $500
Billion, then what is the overall value of trade?


A) $390 billion
B) 190 billion
C) $100 billion
D) Not enough information is provided to answer the question.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q14: The Smoot­Hawley Tariff act:<br>A)was passed in response

Q15: What do economists call factors that influence

Q16: One way to gauge the impact of

Q19: A tax on imported goods is called:<br>A)a

Q21: Which of the following is a reason

Q22: What is the principal reason for Intel

Q23: Which of the following countries was an

Q43: Why do some countries (such as the

Q46: Is most FDI from high-income to low-income

Q119: Why isn't the U.S.-Chinese bilateral trade balance