A World View titled "Export Ratios" examines the openness of trade for several countries based on the trade to GDP ratio.Of the countries listed below,which exports the least (as measured as a percentage of GDP)?
A)Belgium.
B)United States.
C)Canada.
D)United Arab Emirates.

Question

Quizplus · Accepted Answer

The United States typically has a lower export ratio compared to countries like Belgium, Canada, and the United Arab Emirates. This is because the U.S. has a large, diversified internal market that contributes a significant portion to its GDP, making its economy less reliant on exports compared to its overall economic output.

A World View Titled "Export Ratios" Examines the Openness of Trade