Which of the Following Statements About the Dynamics of World

question 44

Multiple Choice

Which of the following statements about the dynamics of world trade is most accurate?

• A) As the largest international importer and exporter, the U.S. accounts for 65 percent of world trade.
• B) World trade is calculated to include only the exchange of money for products or services.
• C) An estimated 35 percent of world trade involves countertrade.
• D) China, the United States, and Germany far outpace other countries in terms of imports and exports.
• E) Because of the European Union, European intratrade no longer counted in calculations of world trade.

---

Definitions:

Apparent Distance Hypothesis

A theory explaining that emotions can alter the perceived distance of an object, with negative emotions making objects seem further away.

Cultural Bias Hypothesis

The theory suggesting that cognitive tests and other assessments may be biased towards the values and experiences of a specific cultural group.

Visible Spectrum

The portion of the electromagnetic spectrum that is visible to the human eye, typically encompassing wavelengths from about 380 to 740 nanometers.

Wave

A disturbance that transfers energy from one place to another without transferring matter.