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    Macroeconomics Study Set 8
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    Exam 1: Introduction to Macroeconomics
  5. Question
    In 2001 Anchovy Had Imports of $50 Billion,exports of $60
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In 2001 Anchovy Had Imports of $50 Billion,exports of $60

Question 3

Question 3

Multiple Choice

In 2001 Anchovy had imports of $50 billion,exports of $60 billion,and Anchovy's GDP was equal to $300 billion.The trade surplus was what percent of GDP in 2001?


A) 3.3%
B) 10.0%
C) 16.7%
D) 20.0%

Correct Answer:

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