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If a Country's Trade-To-GDP Ratio Is 38% and the GDP

Question 79

Multiple Choice

If a country's trade-to-GDP ratio is 38% and the GDP is $500 billion, then what is the overall value of its trade (imports plus exports) ?

A) $390 billion
B) $190 billion
C) $100 billion
D) Not enough information is provided to answer the question.

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