U.S.exports
A) represent approximately 50 percent of GDP
B) represent approximately 35 percent of GDP
C) represent approximately 10 percent of GDP
D) consist primarily of agricultural commodities
E) consist primarily of metals and other raw materials
Correct Answer:
Verified
Q5: The term autarky refers to
A)equilibrium after trade
Q7: The two major trading partners of the
Q7: Exports amount to about 10 percent of
Q9: Which country is the United States' largest
Q13: International trade increases world economic efficiency for
Q14: The United States exports more raw materials
Q15: In determining comparative advantage, cost is measured
Q17: International trade equalizes the opportunity cost of
Q20: The two main categories of U.S.exports are
A)transportation
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