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 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)All nations participate equally in world trade.
E)Dollar value of world trade has roughly doubled in the past decade.

Question

Quizplus · Accepted Answer

All nations do not participate equally in world trade.China is the biggest country measured by world trade.Asia is the largest region measured by world trade.Manufactured goods account for 80 percent of world trade,with service industries accounting for 20 percent.World trade has roughly doubled in the past decade.

Which of the Following Statements About the Dynamics of World