The differences in the ratios of exports to GDP across countries are believed to be caused primarily by:
A) trade barriers.
B) each country's size.
C) geography.
D) Both A and B.
E) Both B and C.

Question

Quizplus · Accepted Answer

The differences in ratios of exports to GDP across countries are primarily influenced by their geographic location - countries with good access to ports and the ocean tend to have higher ratios. Additionally, a country's size can also play a role in their ability to specialize in certain industries and thus have a higher ratio of exports to GDP. Trade barriers may also be a factor in some cases, but are not the primary cause of differences in export ratios.

The Differences in the Ratios of Exports to GDP Across