Solved

To Measure the Importance of Global Trade to an Economy

Question 3

Multiple Choice

To measure the importance of global trade to an economy, economists usually divide ________ by the total volume of its domestic output.

A) exports
B) capital flows
C) exports minus imports
D) exports plus imports

Related Questions

Q1: The annual turnover in the foreign exchange

Q2: The difference between what consumers are willing

Q4: The rate of growth of the international

Q5: If the price of a product declines,

Q6: In spite of the financial crises of

Q7: Foreign direct investment (FDI) is the acquisition

Q8: An increase in the number of consumers

Q9: An increase in the price of an

Q10: "Economic integration" refers to the extent and

Q11: Which of the following would most likely