The ratio between a country’s imports and exports of goods or services to their gross domestic product (GDP) is a measure of that country’s:( )
A: microeconomics
B: openness as an economy
C: macroeconomics
D: economic interdependence
A: microeconomics
B: openness as an economy
C: macroeconomics
D: economic interdependence
举一反三
- When a country's currency depreciates against the currencies of major trading partners A: the country's exports tend to rise and imports fall. B: the country's exports tend to fall and imports rise. C: the country's exports tend to rise and imports rise. D: the country's exports tend to fall and imports fall.
- •(1) If the country’s imports were more than exports, the country would have a trade surplus.
- A country's trade balance is in surplus when _____ A: its exports are more than its imports B: it experiences negative inflation C: its exports equal the imports D: the prices of commodities are low in the country
- The impact of the appreciation of a country's currency on its import and export revenue is (). A: exports decrease, imports increase B: exports increase, imports decrease C: exports increase, imports increase D: exports decrease, imports decrease
- According to the passage, when docs a trade imbalance occur When() A: a country has serious economic problem B: a country sells more products overseas than it imports C: the value of the products a country imports is greater than the value of the product it exports D: a country can't develop its natural resources