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    International Economics Study Set 9
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    Exam 1: Trade in the Global Economy
  5. Question
    One Way to Gauge the Impact of Trade on a Nation
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One Way to Gauge the Impact of Trade on a Nation

Question 2

Question 2

Multiple Choice

One way to gauge the impact of trade on a nation is to measure:


A) wage distortions and job loss.
B) the ratio of total imports and exports expressed as a percent of a nation's GDP.
C) shipping costs.
D) rises in national income due to trade.

Correct Answer:

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