Which of the following statements about the dynamics of world trade is most accurate?
A) Manufactured products and commodities account for only 25 percent of world trade.
B) Services such as telecommunications, transportation, and banking accounts are not included in calculations of world trade.
C) The United States has replaced China as the biggest country in terms of world trade.
D) Europe is the largest region involved in world trade.
E) The dollar value of world trade has roughly doubled in the past decade.

Question

Quizplus · Accepted Answer

The dollar value of world trade has roughly doubled in the past decade due to globalization, technological advancements, and increased economic activities worldwide.

Which of the Following Statements About the Dynamics of World