Multiple Choice
The following table identifies the real value of exports,imports,and gross domestic product (GDP) for a country for three different years,measured in billions of dollars.Use the table to answer the following questions:
-Based on the table,the value of exports __________ and the value of exports as a percentage of GDP __________.
A) increased; stayed the same
B) increased; increased
C) increased; decreased
D) decreased; increased
E) decreased; stayed the same
Correct Answer:

Verified
Correct Answer:
Verified
Q157: Free trade is _,because it _ the
Q158: Use the following scenario to answer the
Q159: According to the principle of comparative advantage,trade
Q160: Trade deficit is<br>A) the sum of a
Q161: The members of NAFTA are the United
Q162: One argument for trade restriction that focuses
Q163: Shawna and Trevor produce cars and trucks.Shawna
Q164: Trade surplus is<br>A) the sum of a
Q165: Suppose a country was freely trading electronics
Q167: A possible explanation that a nation might