Which of the following statements is false?
A) In recent years, the United States has had large annual trade deficits in goods and services.
B) The United States imports some of the same categories of goods as it exports.
C) China has the largest share of world exports.
D) As a percentage of GDP, U.S. exports are the highest among the industrially advanced nations.
Correct Answer:
Verified
Q1: As a percentage of GDP, U.S. exports
Q16: Which country has the largest share of
Q18: Which of the following is an example
Q22: The tables give production possibilities data
Q23: The tables give production possibilities data
Q26: The primary gain from international trade is
A)
Q61: The terms of trade reflect the
A)rate at
Q63: Assume that by devoting all of its
Q68: Which of the following is an example
Q79: In order for mutually beneficial trade to
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