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    International Economics Study Set 9
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    Exam 1: Trade in the Global Economy
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    If the Trade-To-GDP Ratio Is 25% and the Overall Value
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If the Trade-To-GDP Ratio Is 25% and the Overall Value

Question 135

Question 135

Multiple Choice

If the trade-to-GDP ratio is 25% and the overall value of trade (imports plus exports) is $175 billion, then the GDP is:


A) $250 billion.
B) $700 billion.
C) $1 trillion.
D) $0.5 trillion.

Correct Answer:

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