The following table presents data on imports and exports as a percentage of gross domestic product (GDP) for select countries in 2015,based on data from the World Bank.Use the table to answer the following questions:
-Based on data from the table,which countries had a trade deficit in 2015?
A) Australia,Chile,United States
B) Belgium,China,South Korea
C) Belgium,Chile,South Korea
D) Australia,China,United States
E) It is impossible to say because we need to know the dollar values of imports and exports.
Correct Answer:
Verified
Q1: Use the following graph to answer the
Q3: Use the following graph to answer the
Q4: If St.John has a closed economy,it _
Q5: The following table presents data on imports
Q6: An economy that does not trade with
Q7: Trade surplus is
A) the sum of a
Q8: For country A,an import is a good
Q9: Free trade is _,because it _ the
Q10: An economy that trades with the rest
Q11: In the past decade,companies like Nike and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents