When Comparing the Ratio of Trade to GDP,relative to Other

question 61

Multiple Choice

When comparing the ratio of trade to GDP,relative to other countries,the United States typically has

• A)Lower ratios for both imports and exports.
• B)A higher ratio for imports but a lower ratio for exports.
• C)A lower ratio for imports but a higher ratio for exports.

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Definitions:

Profit Sharing

An incentive program where employees receive a share of the company's profits, reflecting their contribution to its success.

Weak Economy

A state where a country's overall economic performance is poor, characterized by low growth, high unemployment, and declining business activities.

Job Depth

The degree of control employees have over their tasks and procedures at work.

Assembly Line

A manufacturing process that breaks down the production into sequential steps carried out by different workers, significantly increasing efficiency.