The Differences in the Ratios of Exports to GDP Across

question 1

Multiple Choice

The differences in the ratios of exports to GDP across countries are believed to be caused primarily by

• A)trade barriers.
• B)each country's size.
• C)geography.
• D)all of the above
• E) both B and C

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Definitions:

Brand Name

The name given to a product or service to distinguish it from others and create a recognizable identity in the market.

Downsizing

The practice of reducing a company's size through layoffs, closures, or the elimination of certain products or services, often to cut costs.

Deceptive Practice

Activities or practices by businesses that are misleading or dishonest, which can mislead consumers and are often illegal.

Distinguish

To recognize or point out the differences between two or more items, making clear the unique aspects of each.