After the sharp increase in protectionist trade policies during the Great Depression of the 1930s and the devastation of World War II, in 1950:
A) world exports were just 0.5 percent of world GDP.
B) international trade as a percentage of world output was about as large as it was in 1929.
C) world exports were about 5.5 percent of world GDP.
D) world exports were nearly 20 percent of world GDP.
Correct Answer:
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Q1: The average person lived a short life
Q2: Which of the following statements about international
Q3: As a percentage of total world GDP,
Q5: Statistical studies that have looked at the
Q6: While the empirical studies clearly tell us
Q7: In the case of countries that have
Q8: In the case of raw material exporters,
Q9: The so-called natural resource curse is attributed
Q10: Technological progress is defined as:
A) an improvement
Q11: The term "factor accumulation" refers to:
A) the
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