Other things equal, the level of bilateral trade between two
Countries will increase as their GDP:
A)rises.
B)falls.
C)stays the same.
D)becomes less equal.

Question

Quizplus · Accepted Answer

GDP is one of the primary indicators of a country's economy. A higher GDP indicates a larger economy, which typically means more goods and services are being produced and exchanged. This often leads to an increase in the demand for imported goods, which can increase bilateral trade between countries. Thus, as the GDP rises, so does the level of bilateral trade between two countries.

Other Things Equal, the Level of Bilateral Trade Between Two