As a Percentage of GDP, U.S. Exports Are

question 58

Multiple Choice

As a percentage of GDP, U.S. exports are

• A) greater than U.S. imports.
• B) about 20 percent.
• C) considerably lower than in several other industrially advanced nations.
• D) higher than in Canada but lower than in Germany.

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Definitions:

Privatization

The process of transferring ownership of a business, enterprise, agency, public service, or public property from the government to private individuals or organizations.

Youth Detention Center

A facility where juveniles are held temporarily in custody while awaiting court judgment or placement in long-term care facilities.

Federal Government

The national government of a federated state, which typically has specific powers delegated to it by a constitution, distinct from regional or local governments.

Privatization

The act of shifting control and ownership of a company, institution, agency, or governmental service to private entities or individuals.