Which of the following statements about the dynamics of world trade is most accurate?
A)Manufactured products and commodities account for only 75 percent of world trade.
B)Services such as telecommunications,transportation,and banking account for three-fourths of world trade.
C)The United States will replace China as the biggest country in terms of world trade by 2015.
D)All nations participate equally in world trade.
E)Dollar value of world trade has more than doubled in the past decade.

Question

Quizplus · Accepted Answer

The statement that the dollar value of world trade has more than doubled in the past decade is the most accurate. A, B, C, and D are incorrect.

Which of the Following Statements About the Dynamics of World