Which of the following statements about world trade flows is most accurate?
A) The EU (European Union) is the world leader in terms of GDP (gross domestic product) .
B) The relative position of the United States as a supplier to the world has increased despite an absolute growth in exports.
C) The United States' role as a marketplace for the world has increased, especially for automobiles, oil, textiles, and consumer electronics.
D) The United States' relative role as an exporter has decreased in the area of aerospace during the past five years.
E) The United States' relative role as an exporter changed dramatically when it became a service-oriented economy.
Correct Answer:
Verified
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