As a percentage of GDP,imports are greater than exports for which of the following countries?
A)Germany
B)Japan
C)the Netherlands
D)the United States

Question

Quizplus · Accepted Answer

The United States has had a trade deficit for many years, meaning that its imports exceed its exports. As of 2019, the U.S. had an import-to-GDP ratio of 15.8% and an export-to-GDP ratio of 12.2%. Therefore, the best choice is D. Germany, Japan, and the Netherlands all have higher export-to-GDP ratios than import-to-GDP ratios.

As a Percentage of GDP,imports Are Greater Than Exports for Which