In Examining the Volume of International Trade

question 9

Multiple Choice

In examining the volume of international trade:

• A) exports of merchandise grew nearly fivefold between 1990 and 2010.
• B) exports of services grew more than 10-fold between 1980 and 2010.
• C) the proportion of world exports of commercial services accounted for by the United States fell by nearly 20 percent between 1980 and 2010.
• D) all of the above.
• E) two of A, B, and C.

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Definitions:

HMO

Health Maintenance Organization, a type of health insurance plan that limits coverage to care from doctors who work for or contract with the HMO.

Fee Schedule

A list of predetermined payment amounts for professional services provided to patients.

Payment Amounts

The sums of money paid or to be paid for goods, services, or obligations.