Which of the Following Statements About the Dynamics of World

question 236

Multiple Choice

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

• A)Manufactured products and commodities account for only 25 percent of world trade.
• B)Services such as telecommunications,transportation,and banking are not included in calculations of world trade.
• C)The United States has replaced China as the biggest country in terms of world trade.
• D)All nations participate equally in world trade.
• E)Dollar value of world trade has roughly doubled in the past decade.