Which of the following statements about the dynamics of world trade is most accurate?
A) As the largest international trade partner, the U.S. accounts for 40 percent of world trade.
B) World trade is calculated to include only the exchange of money for products or services.
C) An estimated 35 percent of world trade involves countertrade.
D) China, the United States, and Germany far outpace other countries in terms of imports and exports.
E) Because of changes to NAFTA, North American intratrade is no longer counted in calculations of world trade.
Correct Answer:
Verified
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A)
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Q4: An estimated 10 to 15 percent of
Q5: Which of the following statements about the
Q7: All nations and regions of the world
Q8: Which of the following countries is the
Q9: The monetary value of all products and
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A) difference
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