In Examining the Volume of International Trade

question 42

Multiple Choice

In examining the volume of international trade

• A) exports of goods and services quadrupled between 1990 and 2013.
• B) exports of services grew faster than trade in merchandise for the last 20 years.
• C) the proportion of world exports of commercial services accounted for by the U.S. fell by nearly 20 percent since 1980.
• D) the proportion of world exports of commercial services accounted for by Asian nations increased by nearly 20 percent since 1980.
• E) the proportion of world exports of commercial services accounted for by Latin American nations increased by nearly 20 percent since 1980.

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Definitions:

Researchers And Patients

The relationship between individuals conducting medical or scientific studies and the individuals participating in these studies, often as subjects receiving treatment or as focus groups.

Phase III Clinical Trials

The third phase in clinical research that involves large-scale testing of a new drug or treatment on patients to assess its effectiveness and safety.

Drug Companies

Corporations engaged in the research, development, production, and marketing of drugs and medications.

United States

A country located in North America, known for its diverse cultural heritage, robust economy, and significant influence in global affairs.