Two of the variables used to construct the KOF Swiss Economic Institute's economic globalization index are _______________ as a percentage of GDP,and tariff rates (the ______________ the tariff rate,the _____________ degree of economic globalization).

Question

Quizplus · Accepted Answer

The KOF Swiss Economic Institute's economic globalization index includes variables such as trade as a percentage of GDP and tariff rates. Higher levels of trade and lower tariff rates are generally associated with a higher degree of economic globalization. Therefore, option B - trade; higher; lower - accurately describes the variables used in the index. Options A, C, and D are not accurate.

Two of the Variables Used to Construct the KOF Swiss