Which of the Following Statements About the Dynamics of World

question 283

Multiple Choice

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

• A)Manufactured products and commodities account for only 75 percent of world trade.
• B)Services such as telecommunications,transportation,and banking account for three-fourths of world trade.
• C)The United States will replace China as the biggest country in terms of world trade by 2015.
• D)All nations participate equally in world trade.
• E)Dollar value of world trade has more than doubled in the past decade.

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Definitions:

Cognitive Ability

The capacity to perform various mental activities related to learning, problem-solving, decision-making, and understanding complex ideas.

Shorter

Relating to a length or duration that is less than average or than previously mentioned.

Seriation

A cognitive ability that allows individuals to arrange objects in accordance with a certain criterion, such as size or color.

Civil War

An internal conflict within a country, fought between differing factions, regions, or groups that belong to the same nation, often resulting in significant political, social, and economic changes.