Which of the Following Statements About the Dynamics of World

question 42

Multiple Choice

Which of the following statements about the dynamics of world trade is most accurate?

• A) As the largest international importer and exporter, the United States accounts for 65 percent of world trade.
• B) World trade is calculated to include only the exchange of money for products or services.
• C) An estimated 35 percent of world trade involves countertrade.
• D) China, the United States, and Germany far outpace other countries in terms of imports and exports.
• E) Because of NAFTA, North American intratrade is no longer counted in calculations of world trade.

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