Over the past 50 years,what has happened to Canadian imports as a percentage of GDP?
A) They have approximately stayed constant.
B) They have approximately doubled.
C) They have approximately tripled.
D) They have approximately quadrupled.

Question

Quizplus · Accepted Answer

According to the data from Statistics Canada, Canadian imports as a percentage of GDP have more than doubled over the past 50 years. In 1970, imports accounted for around 18% of Canada's GDP, while in 2019, imports accounted for around 32% of GDP. Therefore, the best choice is B, as imports have approximately doubled.

Over the Past 50 Years,what Has Happened to Canadian Imports