Today, the share of international trade in U.S. GDP is
A. about 30 percent.
B. almost 0 percent.
C. more than 150 percent.
D. about 16 percent.
Answer: A
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Which of the following is true for the world as a whole?
a. During the past 200 years, the income per person of the world has increased sharply, but there has been little change in the years of life expectancy at birth. b. During the past 200 years, the years of life expectancy at birth has increased sharply, but there has been little change in the world's income per person. c. During the 800 years between 1000 and 1800, the increases in both world income per person and life expectancy at birth were small, but both of these indicators have increased sharply during the past 200 years. d. Both income per person and life expectancy rose steadily during 1000-1800, but neither of these indicators have increased much during the past 200 years as the population of the world has become larger and larger.
According to the World View excerpt that compares GDP figures for several nations, Russia's real GDP is approximately
A. More than that of Mexico. B. More than that of China. C. More than that of Germany. D. None of the choices are correct.
For which of the following products is social influence likely to have the greatest impact?
A) toothpaste B) restaurants C) high-blood pressure medication D) school textbook
Under a system of freely flexible (floating) exchange rates an American trade deficit with Mexico will tend to cause
A. the United States government to ration pesos to American importers. B. a flow of gold from the United States to Mexico. C. an increase in the peso price of dollars. D. an increase in the dollar price of pesos.