Which of the Following Statements Most Accurately Describes the Amount

question 67

Multiple Choice

Which of the following statements most accurately describes the amount of international trade?

• A)Canadian international trade represents about 5 percent of Canadian GDP.
• B)Less than 5 percent of world output is sold in a country different from the one in which it is produced.
• C)The volume of international trade has grown rapidly in Canada over the past 50 years.
• D)U.S. exports and imports as a percentage of GDP were much higher in 2010 than were Canadian exports and imports as a percentage of GDP.