Since World War II, world trade has
A) decreased in importance as nations turn inward due to security concerns.
B) increased, but not as dramatically as annual world real GDP has climbed.
C) risen sharply, outpacing gains in annual world real GDP.
D) increased in relative importance for most nations, but not for the United States.

Question

Quizplus · Accepted Answer

World trade has risen sharply since World War II, outpacing gains in annual world real GDP. This is supported by data showing global trade volume increasing almost 39 times from 1950 to 2014, while global GDP only increased about 7.5 times during the same period.

Since World War II, World Trade Has