What is the best measure of a country's openness to
International trade?
A) the ratio of its exports to its GDP
B) the ratio of its imports to its GDP
C) the ratio of its trade balance (exports minus imports) to its GDP
D) the ratio of its exports plus imports to its GDP
Correct Answer:
Verified
Q46: If a country's GDP is $10 trillion,
Q47: The "first golden age" of trade was:
A)the
Q49: Which of the following ratios is used
Q51: The SmootHawley Tariff act:
A)was passed in response
Q52: Which of the following countries has the
Q53: Which decade of the twentieth century had
Q54: If we measure the ratio of total
Q55: What does a country's gross domestic product
Q64: A tariff is:
A) a tax on an
Q70: The U.S. trade-to-GDP ratio is:
A) the highest
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