Multiple Choice
What is the best measure of a country's openness to
International trade?
A) the ratio of its exports to its GDP
B) the ratio of its imports to its GDP
C) the ratio of its trade balance (exports minus imports) to its GDP
D) the ratio of its exports plus imports to its GDP
Correct Answer:
Verified
Correct Answer:
Verified
Q37: Whenever the value of a nation's exports
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