Test Bank International Economics, 4th edition Robert C. Feenstra A+
- From Business, General Business
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Description
1. What country was the world's largest exporter of goods in 2014?
a.
China
b.
Germany
c.
the United States
d.
Japan
ANSWER:
a
2. Which of the following is an example of trade of goods, otherwise known as trade flow?
a.
Robert Feenstra purchases $100 million of British treasury bonds.
b.
Robert Feenstra purchases a yogurt factory in France.
c.
Robert Feenstra purchases a British-made Range Rover.
d.
Robert Feenstra purchases 100 shares of Novartis AG, a Swiss pharmaceutical company.
ANSWER:
c
3. Currently, which of the following countries is the world's largest exporter of goods (in dollar vo