Author Question: The trade-to-GDP ratio is calculated by A) exports divided by GDP. B) imports divided by GDP. ... (Read 86 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667
The trade-to-GDP ratio is calculated by
 
  A) exports divided by GDP.
  B) imports divided by GDP.
  C) exports plus imports divided by GDP.
  D) exports minus imports divided by GDP.

Question 2

The trade-to-GDP ratio for a nation that had 600 million in exports, 400 million in imports, and GDP of 2,000 million would be
 
  A) 0.1.
  B) 0.2.
  C) 0.5.
  D) -0.1.



moormoney

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

C

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

For a complete list of videos, visit our video library