Since 1950,the world's real GDP has increased by ten times and the volume of world trade has increased by roughly

Name: Since 1950,the world's real GDP has increased by ten times and the volume of world trade has increased by roughly
Brand: Quizplus
Rating: 4.9 (46 reviews)

Question

Quizplus · Accepted Answer

Since 1950, the volume of world trade has increased by roughly thirty-eight times, significantly outpacing the tenfold increase in the world's real GDP. This highlights the dramatic expansion of global trade relative to overall economic growth.

Since 1950,the World's Real GDP Has Increased by Ten Times