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1 | |
Over the past 40 years, |
| | A) | growth rates of global exports have been negative in most decades. |
| | B) | global production has grown more rapidly than global exports. |
| | C) | the growth rate of manufacturing exports has been more than that of mining or of agriculture in most periods. |
| | D) | the U.S. has steadily decreased its dependence on international trade. |
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2 | |
Western Europe's share in world trade is around __________ percent. |
| | A) | 10 |
| | B) | 30 |
| | C) | 40 |
| | D) | 50 |
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3 | |
As of 2002, the share of primary (that is, agricultural and mining) products in global merchandise exports is about __________; this share has __________ since 1980. |
| | A) | 50%; risen |
| | B) | 50%; fallen |
| | C) | 25%; risen |
| | D) | 25%; fallen |
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4 | |
As of 2002, the top three merchandise exporters were |
| | A) | Japan, China, and the U.S. |
| | B) | the U.S., Switzerland, and Canada. |
| | C) | Singapore, Germany, and Japan. |
| | D) | Japan, Germany, and the U.S. |
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5 | |
The largest share of U.S. imports comes from |
| | A) | Africa. |
| | B) | Asia. |
| | C) | NAFTA countries (Canada and Mexico). |
| | D) | the European Union. |
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6 | |
The leading importers of commercial services are |
| | A) | Asian countries. |
| | B) | non-Asian developing countries. |
| | C) | industrialized countries. |
| | D) | the former Soviet Republics (the Newly Independent States). |
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7 | |
Over the past 30 years, most countries have |
| | A) | come to rely more heavily on international trade. |
| | B) | come to rely less heavily on international trade. |
| | C) | exported less than 10% of the GDP. |
| | D) | done both A and C. |
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8 | |
Considering the 10 countries that had the largest shares in global exports and imports, |
| | A) | industrialized countries dominate the list of both leading exporters and leading importers. |
| | B) | industrialized countries dominate the list of leading exporters, but most of the leading importers are developing countries. |
| | C) | developing countries dominate the list of leading exporters, but most of the leading importers are industrialized countries. |
| | D) | developing countries dominate the list of both leading exporters and leading importers. |
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9 | |
The smallest proportion of U.S. imports is made up of __________ and a comparatively large proportion of U.S. exports is made up of __________. |
| | A) | foods, feeds, and beverages; consumer products |
| | B) | foods, feeds, and beverages; non-automotive capital goods |
| | C) | consumer products; foods, feeds, and beverages |
| | D) | consumer products; automotive vehicles and parts |
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10 | |
International trade |
| | A) | was practically unheard of in the ancient world. |
| | B) | is an increasingly rare phenomenon in today's insular world. |
| | C) | was important in the ancient world and is more important than ever today. |
| | D) | became common in the twentieth century. |
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