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Which of the following economic indicators is used by the World Bank to classify

ID: 1182258 • Letter: W

Question

Which of the following economic indicators is used by the World Bank to classify countries as industrial economies or developing countries? A)GDP
B)Rate of inflation
C)Net exports
D)Per capital income
E)Budget deficits

According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates: A)are considered to be developing countries.
B)are the major trade partners of the U.S.
C)are also considered as industrial market economies.
D)have highly interdependent economies.
E)are considered highly developed countries.

Which among the following industrial countries has the highest per capita income as measured by the World Bank in 2009? A)Kuwait
B)Norway
C)The United States
D)Saudi Arabia
E)Japan

An import is defined as: A)a purchase of goods or services from another country.
B)a business transaction between two or more domestic firms.
C)a sale of goods or services to another nation.
D)a tariff on foreign merchandise.
E)a trade agreement between two industrial countries.

Which of the following is true of Western Europe, Japan, Canada, Mexico, and China taken together? A)All these countries are classified as high-income countries by the World Bank.
B)They are all members of the North American Free Trade Agreement [NAFTA].
C)All these countries are considered developed countries by the World Bank.
D)They are collectively the largest trade partners of the U.S.
E)They are the five largest exporters of agricultural produce in the world.

A surplus in a country Which of the following economic indicators is used by the World Bank to classify countries as industrial economies or developing countries? A)GDP
B)Rate of inflation
C)Net exports
D)Per capital income
E)Budget deficits
Which of the following economic indicators is used by the World Bank to classify countries as industrial economies or developing countries?
According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates: A)are considered to be developing countries.
B)are the major trade partners of the U.S.
C)are also considered as industrial market economies.
D)have highly interdependent economies.
E)are considered highly developed countries.
According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates: A)are considered to be developing countries.
B)are the major trade partners of the U.S.
C)are also considered as industrial market economies.
D)have highly interdependent economies.
E)are considered highly developed countries.
According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates:
Which among the following industrial countries has the highest per capita income as measured by the World Bank in 2009? A)Kuwait
B)Norway
C)The United States
D)Saudi Arabia
E)Japan
Which among the following industrial countries has the highest per capita income as measured by the World Bank in 2009? A)Kuwait
B)Norway
C)The United States
D)Saudi Arabia
E)Japan
Which among the following industrial countries has the highest per capita income as measured by the World Bank in 2009?
An import is defined as: A)a purchase of goods or services from another country.
B)a business transaction between two or more domestic firms.
C)a sale of goods or services to another nation.
D)a tariff on foreign merchandise.
E)a trade agreement between two industrial countries.
An import is defined as: A)a purchase of goods or services from another country.
B)a business transaction between two or more domestic firms.
C)a sale of goods or services to another nation.
D)a tariff on foreign merchandise.
E)a trade agreement between two industrial countries.
An import is defined as:
Which of the following is true of Western Europe, Japan, Canada, Mexico, and China taken together? A)All these countries are classified as high-income countries by the World Bank.
B)They are all members of the North American Free Trade Agreement [NAFTA].
C)All these countries are considered developed countries by the World Bank.
D)They are collectively the largest trade partners of the U.S.
E)They are the five largest exporters of agricultural produce in the world.
Which of the following is true of Western Europe, Japan, Canada, Mexico, and China taken together? A)All these countries are classified as high-income countries by the World Bank.
B)They are all members of the North American Free Trade Agreement [NAFTA].
C)All these countries are considered developed countries by the World Bank.
D)They are collectively the largest trade partners of the U.S.
E)They are the five largest exporters of agricultural produce in the world.
Which of the following is true of Western Europe, Japan, Canada, Mexico, and China taken together?
A surplus in a country A surplus in a country A surplus in a country

Explanation / Answer

Hi, If you like my answer, please rate my answer first and according to my answer...that way only I can earn points. Thanks Which of the following economic indicators is used by the World Bank to classify countries as industrial economies or developing countries? A)GDP According to the World Bank, the high-income oil-exporting nations like Libya, Saudi Arabia, Kuwait, and the United Arab Emirates: D)have highly interdependent economies. Which among the following industrial countries has the highest per capita income as measured by the World Bank in 2009? B)Norway An import is defined as: A)a purchase of goods or services from another country. Which of the following is true of Western Europe, Japan, Canada, Mexico, and China taken together? D)They are collectively the largest trade partners of the U.S. A surplus in a country’s trade balance means that: C)the value of net exports is positive. A trade deficit occurs when: B)a country’s imports exceed its exports. The term net exports refers to: E)the difference between the value of exports and the value of imports. In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.Country A has net exports of: D)$9 million In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.Country C has net exports of: E)-$6 million In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.Country B is running a: A)trade deficit with country A and a trade surplus with country C

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