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

[go.lag]

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]

Answer to Question 1

C

Answer to Question 2

C

[go.lag]

Thank you

[moormoney]

No problemo