Multiple Choice
Which of the following statements about world trade flows is most accurate?
A) China is the world leader in terms of GDP (gross domestic product) .
B) The relative position of the United States as a supplier to the world has increased because of an absolute growth in exports.
C) The relative position of the U.S.as a supplier to the world has diminished despite an absolute growth in exports.
D) The United States' relative role as an exporter has decreased in the area of aerospace during the past five years.
E) It is impossible to compare GDPs of different nations since it is an internal measurement of economic activity.
Correct Answer:

Verified
Correct Answer:
Verified
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