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Author Question: The trade-to-GDP ratio is calculated by A) exports divided by GDP. B) imports divided by GDP. ... (Read 53 times)

go.lag

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on: Jun 30, 2018
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

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


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go.lag

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Reply #2 on: Jun 30, 2018
Thank you


moormoney

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Reply #3 on: Jun 30, 2018
No problemo


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