Which of the following statements about world trade flows is most accurate?
A) The United States is tied with China and Japan as the world's leaders in exports.
B) The U.S. percentage share of world exports has shifted downwards over the past 30 years.
C) The United States has maintained a steady percentage share of world imports.
D) The United States' relative role as an exporter has decreased in the area of aerospace during the past five years.
E) The relative position of the United States as a supplier to the world has increased because of an absolute growth in exports.

Question

Quizplus · Accepted Answer

According to the information provided in the question, the most accurate statement is that the U.S. percentage share of world exports has shifted downwards over the past 30 years. This implies that the U.S. has lost some of its dominance in the global export market over time. The other statements are either not supported by the information given or are too specific to be considered the most accurate overall statement about global trade flows.

Which of the Following Statements About World Trade Flows Is