Which of the Following Statements About the Dynamics of World

question 64

Multiple Choice

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

• A)As the largest international marketer,the U.S.accounts for 85 percent of world trade.
• B)World trade refers exclusively to the exchange of money for products or services.
• C)An estimated 35 percent of world trade involves countertrade.
• D)The U.S. ,Western Europe,Canada,China,and Japan together account for more than ⅔ of world trade.
• E)European intratrade is smaller but more powerful than for any of the other world regions.

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