The Group of 20 (G 20) represents which percentage of world GDP?
a. 20 percent
b. 40 percent
c. 60 percent
d. 80 percent
e. 90 percent
Question 2
The situation that results when a state buys more from abroad than it sells is known as a(n)
a. devaluation.
b. floating exchange rate.
c. managed exchange rate system.
d. balance-of-trade deficit.
e. inflation.