Which of the following statements is true?
A) Larger countries (in terms of size) tend to be more open (in terms of larger share of exports in GDP) than smaller countries and developing countries tend to be less open than developed economies.
B) Larger countries (in terms of size) tend to be less open (in terms of lower share of exports in GDP) than smaller countries and developing countries tend to be less open than developed economies.
C) Larger countries (in terms of size) tend to be more open (in terms of larger share of exports in GDP) than smaller countries and developing countries tend to be more open than developed economies.
D) Larger countries (in terms of size) tend to be less open (in terms of lower share of exports in GDP) than smaller countries and developing countries tend to be more open than developed economies.
Correct Answer:
Verified
Q5: Suppose that a good that was formerly
Q21: Developing countries might be unable to respond
Q22: Explain how international trade and trade policy
Q22: Which of the following is an argument
Q23: The ratio of a country's average export
Q27: The real price trendline for non-fuel primary
Q28: The purpose of commodity buffer stocks is
A)to
Q28: Explain the difference between nominal and effective
Q29: What is an overvalued exchange rate? What
Q30: Which of the following is an argument
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents