If a Country's GDP Is $10 Trillion, Its Exports Are

question 84

Multiple Choice

If a country's GDP is $10 trillion, its exports are $1 trillion, and its imports are $1.5 trillion, then:

• A) its trade-to-GDP ratio is 10%.
• B) its trade-to-GDP ratio is 15%.
• C) its trade-to-GDP ratio is 25%.
• D) its trade-to-GDP ratio is 400%.

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Definitions:

Prospecting

The process of identifying potential customers or clients for a business, often involving research, outreach, and qualification steps.

Cold Canvass

The process of approaching potential customers without prior contact or lead, often used in door-to-door sales or telemarketing.

Handbags

Portable bags designed to hold a person's personal items, ranging from wallets and phones to makeup and keys.

Duct Tape

is a strong, flexible, and adhesive tape originally designed for sealing ductwork but widely used for various repair, crafting, and securing needs.