The trade-to-GDP ratio is calculated by A) exports divided by GDP. B) imports divided by GDP. ...

Author Question: The trade-to-GDP ratio is calculated by A) exports divided by GDP. B) imports divided by GDP. ... (Read 100 times)

go.lag

Hero Member
Posts: 667

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

Sr. Member
Posts: 326

Reply #1 on: Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

C

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go.lag

Hero Member
Posts: 667

Reply #2 on: Jun 30, 2018

Thank you

moormoney

Sr. Member
Posts: 326

Reply #3 on: Jun 30, 2018

No problemo

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