Which of the following statements are true?
(i) The average annual growth in world output was higher than the growth in world exports.
(ii) Trade is expected to continue to increase as a percentage of world GDP.
(iii) The developed economy's share of world trade has been growing.
(iv) The most rapid growth in trade can be found in developing countries.
(v) With increased trade, countries have become more interdependent.
(vi) The BRICS have seen especially rapid growth in trade.
A) (ii) , (iv) , (v) and (vi)
B) (i) , (iii) , (iv) and (vi)
C) (i) , (iv) and (vi)
D) (ii) , (iv) and (vi)
E) (iii) , (iv) and (v)
Correct Answer:
Verified
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