Which of the following statements about the importance of trade to the Canadian economy is true?
A)Since 1981, both exports and imports have steadily decreased as a fraction of U.S. gross domestic product.
B)Overall, about 80 percent of Canadian jobs depend directly or indirectly on exports.
C)Canadian exports account for approximately one-third of GDP.
D)International trade plays very little part in the Canadian economy.

Question

Quizplus · Accepted Answer

Canadian exports account for approximately one-third of GDP, highlighting the significant role of international trade in the Canadian economy.

Which of the Following Statements About the Importance of Trade