The following table presents data on imports and exports as a percentage of gross domestic product (GDP)for select countries in 2015,based on data from the World Bank.
Why might some of these countries tend to have much larger values for imports and exports as a percentage of GDP in comparison to other countries?
Definitions:
Fixture
An item of property that is attached to a building or land in such a way that it becomes part of the real property.
Decorative Urn
A vase, often ornate, used as a home decoration or to hold the ashes of the deceased.
Fee Simple Absolute
A type of ownership of real property that grants the owner limitless, perpetual rights to the property, including the rights to use, sell, or bequeath the property.
Ownership Rights
Legal rights that confer the ability to use, control, and dispose of property or an asset.
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