Which of the Following Statements About the Importance of Trade

question 26

Multiple Choice

Which of the following statements about the importance of trade to the U.S.economy is true?

• A) Since 1950, both exports and imports have steadily decreased as a fraction of U.S. gross domestic product.
• B) Overall, about 80 percent of U.S. manufacturing jobs depend directly or indirectly on exports.
• C) The United States is the largest exporter in the world.
• D) The U.S. economy is highly dependent on international trade for growth in its gross domestic product.

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Definitions:

First And Last

Refers to the operations or actions associated with the first and last elements in a sequence, list, or array.

Binary Search

A proficient technique for identifying an element in an ordered list, through continuous division of the search space by two.

While Loop

A programming construct that continuously executes a section of code while a given condition remains true.

Binary Search

A method that determines the position of a given value within a sorted array by systematically reducing the search area by half.