When Comparing the Ratio of Trade to GDP, Relative to Other

question 132

Multiple Choice

When comparing the ratio of trade to GDP, relative to other countries, the United States typically has

• A) Lower ratios for both imports and exports.
• B) A higher ratio for imports but a lower ratio for exports.
• C) A lower ratio for imports but a higher ratio for exports.
• D) Higher ratios for both imports and exports.

---

Definitions:

Bank Loan

A sum of money lent by a bank to a borrower with the expectation of being paid back with interest.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and certain rights.

Minority Shareholder

A shareholder owning less than half of the total shares, and consequently having less influence over corporate decisions.

Decision-making

The cognitive process of choosing a particular course of action among several alternatives to produce a desired result.