International trade is most important to the standard of living of:
A)the United States
B)Switzerland
C)Germany
D)England

Question

Quizplus · Accepted Answer

Switzerland's economy is highly reliant on international trade. Its standard of living is significantly influenced by its ability to trade with other countries, as it imports a large portion of its food and raw materials and exports high-value goods like pharmaceuticals, machinery, and financial services.

International Trade Is Most Important to the Standard of Living