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The Volume of World Trade in Merchandise Is Growing Faster

Question 86

Multiple Choice

The volume of world trade in merchandise is growing faster than world GDP. This implies that


A) more firms are dispersing their production processes to global locations.
B) the economies of the world's nation-states are becoming more independent from each other.
C) the global economy is headed for a large downward correction.
D) the world is becoming poorer.

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