Which of the Following Statements About the Dynamics of World

Multiple Choice

Which of the following statements about the dynamics of world trade is most accurate?

A) As the largest international importer and exporter, the U.S. accounts for 65 percent of world trade.
B) World trade is calculated to include only the exchange of money for products or services.
C) An estimated 35 percent of world trade involves countertrade.
D) China, the United States, and Germany far outpace other countries in terms of imports and exports.
E) Because of the European Union, European intratrade no longer counted in calculations of world trade.