About __________ percent of the U.S.GDP is exported.
A) 5
B) 15
C) 10
D) 20
E) 40
Correct Answer:
Verified
Q14: The basic motivation for international trade is
Q15: If Country A runs a trade deficit
Q16: Over time,the "economic distance" between countries has:
A)remained
Q17: With trade,
A)an economy can realize higher welfare.
B)an
Q18: Prior to 1975,the United States had:
A)balanced trade.
B)a
Q20: Over time,international trade enables an economy to:
A)run
Q21: Q22: If the United States is running persistent Q23: Intertemporal trade deficits and surpluses reflect: Q24: ![]()
A)international borrowing.
B)international![]()
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