Multiple Choice
Which of the following statements is false?
A) Japan is less dependent on foreign trade than is the United States.
B) Imports and exports account for over one-half of the GDP of the Netherlands.
C) China is the leading exporting country,accounting for 12.1 percent of total world exports.
D) Because the cost of labor used on farms is so high,the United States exports very little of its wheat,rice,and corn crops.
Correct Answer:

Verified
Correct Answer:
Verified
Q38: Economists believe the most persuasive argument for
Q39: Is the value of U.S.exports typically larger
Q40: Figure 7-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 7-2
Q41: Imports are goods and services bought domestically<br>A)and
Q42: Figure 7-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 7-1
Q44: Table 7-6<br>Output per hour Production and Production<br>of
Q45: Table 7-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Table 7-5
Q46: Which of the following statements is false?<br>A)Not
Q47: If the _ cost of production for
Q48: Protectionism is the use of _ to