Between 1960 and 2013, the U.S. share of world exports of goods and services:
A) has increased from 9.7% to 38.3%.
B) has decreased from more than 20% to 9.7%.
C) has slipped to second place, behind only Japan.
D) although in decline, has remained in first place with China a close second.

Question

Quizplus · Accepted Answer

By 2012, the United States accounted for 23.1 percent of world output, still the world's largest industrial power but down significantly in relative size. China's share of world output increased from a trivial amount to 12.2 percent, making it the world's second-largest economy.