Which of the Following Statements About World Trade Flows Is

question 124

Multiple Choice

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

• A) China is the world leader in terms of GDP (gross domestic product).
• B) The relative position of the United States as a supplier to the world has increased because of an absolute growth in exports.
• C) The relative position of the United States as a supplier to the world has diminished despite an absolute growth in exports.
• D) The United States' relative role as an exporter has decreased in the area of aerospace during the past five years.
• E) It is impossible to compare GDPs of different nations since it is an internal measurement of economic activity.