A Few Economies Have the Interesting Characteristic That Exports Are

question 62

Essay

A few economies have the interesting characteristic that exports are more than 100 percent of the economy's GDP.How is this possible?

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Definitions:

Causal Inferences

The process of drawing a conclusion about a causal connection based on the conditions of the occurrence of an effect.

Hugging

The act of embracing someone with one's arms as a form of physical intimacy or affection.

Optimism

A mindset defined by optimism and faith in achieving success and a bright future.

General Tendency

An overall direction or inclination in behavior, thought, or attitude that is common across different contexts or situations.