A World View Titled "Export Ratios" Examines the Openness of Trade

question 149

Multiple Choice

A World View titled "Export Ratios" examines the openness of trade for several countries based on the trade to GDP ratio.According to the excerpt,which country is the most open to trade?

• A)Belgium.
• B)Sweden.
• C)The United States.
• D)China.

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Definitions:

Direct to Consumer

A business model where products or services are sold directly from the manufacturer or service provider to the consumer, bypassing traditional retail intermediaries.

Managed Care

A healthcare delivery system aimed at managing the quality and cost of medical services by coordinating care and utilizing specific providers.

Pitfalls

Hidden or unexpected difficulties or dangers that complicate endeavors or tasks.

Benefits

Advantages or payments made to individuals or groups, often from governments or employers, to support well-being or provide assistance.