The "openness ratio" of the U.S.economy in 2015 was approximately 15 percent, the same as in 1890.

Name: The "openness ratio" of the U.S.economy in 2015 was approximately 15 percent, the same as in 1890.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

The openness ratio, which measures the sum of exports and imports as a percentage of GDP, has generally increased over time due to globalization and trade liberalization, making it unlikely to be the same in 2015 as it was in 1890.

The "Openness Ratio" of the U