Determine Whether the Statement Is True or False $12 < 6$

question 179

True/False

Determine whether the statement is true or false.
- $12 < 6$

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Definitions:

Largest Exporter

A country or entity that sells the highest volume or value of its goods or services to foreign markets, holding a significant position in global trade dynamics.

Terms Of Trade

The ratio of a country's export prices to its import prices, affecting the volume of imports that can be bought with a given volume of exports.

Economic Basis

The foundational activities or sectors upon which a region's or country's economy is built and operates, fundamentally influencing its wealth and growth.

World Trade

Refers to the exchange of goods and services across international borders or territories.