Which of the following statements about world trade flows is most accurate?
A)The EU (European Union)is the world leader in terms of GDP (gross domestic product).
B)The relative position of the United States as a supplier to the world has increased despite an absolute growth in exports.
C)The U.S.role as a marketplace for the world has increased,especially for automobiles,oil,textiles,and consumer electronics.
D)The United States' relative role as an exporter has decreased in the area of aerospace during the past five years.
E)The United States' relative role as an exporter changed dramatically when it became a service-oriented economy.

Question

Quizplus · Accepted Answer

The U.S. has become a significant marketplace for global goods, particularly in sectors like automobiles, oil, textiles, and consumer electronics, due to its large consumer base and demand for imports.

Which of the Following Statements About World Trade Flows Is