Since the end of World War II,
A) world trade has grown more slowly than world GDP in the same time period.
B) world trade has grown more slowly than during the years leading up to World War II.
C) the trade-to-GDP ratios of most countries have fallen.
D) trade is less important to most nations' economies than in the early part of the twentieth century.
E) world trade has grown more rapidly than world output.
Correct Answer:
Verified
Q9: The trade-to-GDP ratio for a nation that
Q13: Which of the following is FALSE?
A)Capital flows
Q14: All of the following are differences in
Q15: Countries that have high rates of savings
Q17: The trade-to-GDP ratio is calculated by
A)exports divided
Q19: The trade-to-GDP ratio for the United States
Q20: An important factor that increased international capital
Q21: How is the international economy qualitatively different
Q23: Daily foreign exchange transactions have grow from
Q26: The four criteria for economic integration include
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