A country's export ratio is
A)The ratio of imports to exports.
B)The ratio of exports to GDP.
C)The ratio of trade to GDP.
D)The ratio of imports to GDP.

Question

Quizplus · Accepted Answer

Export ratio is a measure that calculates the value of a country's exports as a percentage of its gross domestic product (GDP). It indicates the proportion of a country's goods and services produced that are sold or exported to foreign markets. Therefore, the correct answer is B - the ratio of exports to GDP.

A Country's Export Ratio Is