During the past 40 years, U.S. exports as a percent of GDP and U.S. imports as a percent of GDP
A) both rose at the same pace.
B) both fell at the same pace.
C) both rose, but U.S. imports as a percent of GDP rose at a faster pace.
D) both rose, but U.S. exports as a percent of GDP rose at a faster pace.

Question

Quizplus · Accepted Answer

The correct answer is C because both U.S. exports and imports as a percentage of GDP have increased in the past 40 years, but imports have increased at a faster pace. This implies that the U.S. is becoming more integrated into the global economy, which is resulting in increased trade flows.

During the Past 40 Years, U