In examining which nations are responsible for the large and growing levels of merchandise and services trade that we have seen worldwide
A) the 10 largest exporters and importers are all from developed countries.
B) China ranks as the largest in levels of both merchandise and services exports.
C) the U.S. ranks as the largest in levels of both merchandise and services imports.
D) the European Union ranks as the largest country for merchandise exports.
E) China ranks first or second in each of merchandise and services exports and imports.
Correct Answer:
Verified
Q50: The three nations that exported the largest
Q51: Regarding the direction of world trade
A) approximately
Q52: More than one-half of the exports from
Q53: When considering where to export,advantages to managers
Q54: Many of the same Asian countries that
Q56: The three largest markets for American exports
Q57: Supporters of mercantilism
A) viewed accumulation of precious
Q58: According to the text,the countries accounting for
Q59: The proportion of world trade in services
Q60: When considering where to export,advantages to managers
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