Which of the Following Statements About World Trade Flows Is

question 158

Multiple Choice

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

• A)The EU (European Union)is the world leader in terms of GDP (gross domestic product).
• B)The relative position of the United States as a supplier to the world has increased because of an absolute growth in exports.
• C)The United States is running a continuing trade surplus because it has the world's largest gross domestic product.
• D)The United States' relative role as an exporter has increased in the area of aerospace.
• E)During the past 30 years,the relative position of the U.S.in terms of GDP has remained stable despite the fact that actual value of products and services has increased.

---

Definitions:

Marketing Research

The systematic gathering, recording, and analyzing of data about issues relating to marketing products and services.

Defined Demographically

A method of segmenting a market based on variables such as age, gender, income, education level, and family size.

Ethnographic Research

A qualitative research method that involves observing and interacting with participants in their real-life environment to gain deep insights into their cultures, behaviors, and attitudes.

Depth Interviews

A qualitative research method involving detailed, one-on-one discussions to explore deeper insights into an individual's attitudes, beliefs, or behaviors.