As a Percentage of GDP, Exports Are Greater Than Imports

question 163

Multiple Choice

As a percentage of GDP, exports are greater than imports for which of the following countries?

• A)the United Kingdom
• B)France
• C)the United States
• D)China

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Definitions:

Suppliers

Entities that provide goods or services to other individuals or organizations, playing a critical role in the supply chain.

Felt Deprivation

A consumer’s perceived deficiency in their possessions or experiences, compared to a standard or to peers, which can influence buying behavior.

Needs

Refers to the essential requirements that individuals or organizations strive to fulfill, such as food, shelter, security, or business resources.

Influence Demand

The process of shaping consumer’s desire for a product or service through marketing strategies, economic factors, and social trends.