The Ratio of Trade to GDP for the U

question 31

True/False

The ratio of trade to GDP for the U.S.has roughly tripled since the 1960s.

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Definitions:

Negligence

Failure to take proper care in doing something, leading to damage or injury to another party.

Unconscionable

Describes something that is extremely unfair, unreasonable, or unethical, typically in the context of a contract or agreement.

Common Carrier

A service or company that is available to the public for transport of goods or people, under the regulation of governmental agencies.

Bailor

The person who temporarily transfers possession of property to another (the bailee) under a bailment agreement.