Which of the following statements is correct?
A) U.S.exports and imports have been decreasing as a percentage of U.S.GDP,but the U.S.share of total world trade has been increasing.
B) U.S.exports and imports have been decreasing as a percentage of U.S.GDP and the U.S.share of total world trade has been declining.
C) U.S.exports and imports have been expanding as a percentage of U.S.GDP and the U.S.share of total world trade has been increasing.
D) U.S.exports and imports have been expanding as a percentage of U.S.GDP,but the U.S.share of total world trade has been declining.
Correct Answer:
Verified
Q1: As a percentage of GDP (total output),U.S.exports
Q2: Which of the following statements is correct?
A)
Q4: The business-to-business (B2B)retrieval of prices of foreign
Q5: Approximately half of the U.S.international trade is
Q6: The purchase by an American firm of
Q7: The spending by Americans while traveling in
Q8: In recent years,the United States has:
A) exported
Q9: The physical export of motorcycles from the
Q10: In terms of absolute volume of exports
Q11: Trade flows measure the:
A) movement of resources
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents