The Following Table Identifies the Real Value of Exports,imports,and Gross

question 73

Multiple Choice

The following table identifies the real value of exports,imports,and gross domestic product (GDP) for a country for three different years,measured in billions of dollars.Use the table to answer the following questions:

-Based on the table,the value of exports as a percentage of GDP ________,and the value of imports as a percentage of GDP ________.

• A) stayed the same; stayed the same
• B) increased; decreased
• C) decreased; increased
• D) decreased; decreased
• E) increased; increased

Assess the economic viability of alternative fuels in relation to oil prices.

Define and understand the significance of user cost in natural resource economics.

Analyze the impact of government policies and economic principles on resource extraction decisions.

Understand the Universal Declaration of Human Rights and its implications.

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Definitions:

Major Organic Product

The primary product of an organic reaction that is formed in the greatest amount compared to any other products.

Benzene

A cyclic hydrocarbon with the formula C6H6, characterized by a ring of six carbon atoms connected by alternating double and single bonds.

Bromination

A chemical reaction that involves the addition of bromine to organic compounds, often used to test for unsaturation.

Major Organic Product

In a chemical reaction, it refers to the predominant outcome or compound produced in the highest amount compared to any side products.